IBM and Francisco Partners have landed on a deal for the sale of The Weather Company, slating the assets in that business to get the investment firm as a new owner.

Final Trades: Alibaba, XHB and IBM

06:42pm, Tuesday, 22'nd Aug 2023
The final trades of the day with the Fast Money traders.
NEW YORK — IBM is selling assets of The Weather Company — including Weather.com and The Weather Channel mobile app — to private-equity firm Francisco Partners.
IBM (IBM) has agreed to sell its holdings in The Weather Company to global investment firm Francisco Partners for an undisclosed sum.
IBM has a diverse patent portfolio and is a leader in AI patents among US companies. The company has utilized its patents through licensing, sales, and open-source initiatives. Despite its AI developm
Following rumors that it was exploring the sale of its weather business as part of a move to streamline operations, IBM says that it's found a buyer for The Weather Company, the weather forecasting an
IBM (NYSE:IBM) will keep its attention and resources focussed only the metaphoric cloud going forward, as it today announced the sale of its weather media interests which include The Weather Channel
IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.
As working age populations decline, Krishna said AI presents one of the only solutions to addressing potential productivity shortfalls.
Arvind Krishna, IBM chairman and CEO, discusses the role that artificial intelligence will play in addressing the demographic problems that developed countries are facing.
In the dynamic realm of technological investment, few areas garner as much attention and promise as quantum computing stocks. As experts continue to unravel the complex potentials of quantum mechanics
Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.
IBM's Q2 2023 financial results showed mixed performance, with software and consulting sectors driving growth while the infrastructure sector faced challenges. The company's focus on AI and hybrid clo
Blue-chip stocks are considered a more conservative way to invest, relative to more speculative names like early-stage growth stocks or penny stocks. However, that doesn't mean owning them offers a g
IBM (IBM) reported earnings 30 days ago. What's next for the stock?
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE