M&A Deal Summary

IBM Acquires The Weather Company - Digital Assets

On October 28, 2015, IBM acquired information services company The Weather Company - Digital Assets from The Weather Company for 2.0B USD

Acquisition Highlights
  • This is IBM’s 1st transaction in the Information Services sector.
  • This is IBM’s 8th largest (disclosed) transaction.
  • This is IBM’s 110th transaction in the United States.
  • This is IBM’s 4th transaction in Georgia.
Investment Fate
  • The Weather Company - Digital Assets was divested to a consortium of buyers in 2023.

M&A Deal Summary
Date 2015-10-28
Target The Weather Company - Digital Assets
Sector Information Services
Buyer(s) IBM
Sellers(s) The Weather Company
Deal Type Divestiture
Deal Value 2.0B USD

Target

The Weather Company - Digital Assets

Atlanta, Georgia, United States
The Weather Company's digital consumer-facing offerings, The Weather Channel mobile and cloud-based digital properties including Weather.com, Weather Underground and Storm Radar, as well as its enterprise offerings for broadcast, media, aviation, advertising technology and data solutions for other emerging industries.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States

website

Category Company
Founded 1911
Sector Information Technology
Employees282,100
Revenue 60.5B USD (2022)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.

DEAL STATS #
Overall 146 of 195
Sector (Information Services) 1 of 2
Type (Divestiture) 14 of 19
State (Georgia) 4 of 5
Country (United States) 110 of 139
Year (2015) 10 of 12
Size (of disclosed) 8 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-13 Merge Healthcare

Chicago, Illinois, United States

Merge Healthcare, Inc. is a provider of information software solutions that automate healthcare data and diagnostic workflow in the U.S. and internationally. Its products improve the process of transferring and integrating data into broader health IT applications.

Buy $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 Gravitant

Austin, Texas, United States

Gravitant, Inc. is a developer of cloud-based software to enable organizations to easily plan, buy and manage, or “broker,” software and computing services from multiple suppliers across hybrid clouds.

Buy -

Seller(S) 1

SELLER

The Weather Company

Atlanta, Georgia, United States

website

Category Company
Founded 1982
Sector Media
DESCRIPTION

The Weather Company is the owner of The Weather Channel and provides people with weather forecasts, content and data, connecting with them through television, online, mobile and tablet screens. Through WSI and Weather Central, the company delivers professional weather services for the media, aviation, marine and energy sectors.

DEAL STATS #
Overall 1 of 1
Sector (Information Services) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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Company

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