M&A Deal Summary

AccuWeather Acquires Sky Motion Research

On November 7, 2013, AccuWeather acquired information services company Sky Motion Research

Acquisition Highlights
  • This is AccuWeather’s 2nd transaction in the Information Services sector.
  • This is AccuWeather’s 1st transaction in Canada.
  • This is AccuWeather’s 1st transaction in Quebec.

M&A Deal Summary
Date 2013-11-07
Target Sky Motion Research
Sector Information Services
Buyer(s) AccuWeather
Deal Type Add-on Acquisition

Target

Sky Motion Research

Montreal, Quebec, Canada
Sky Motion Research, Inc. is a developer of ultra-short-term and highly localized weather forecasts. Sky Motion pioneered the development of proprietary nowcasting technology that uses algorithms to track every rain cloud’s movement in real-time. The technology also tracks other weather variables such as wind and temperature and integrates ground observations to create a hyper-local forecast for approximately every half square mile, refreshing every five minutes.

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Buyer(S) 1

Buyer

AccuWeather

State College, Pennsylvania, United States
Category Company
Sector Information Services
DESCRIPTION

AccuWeather is a provider of weather forecasts, warnings and information to businesses and audiences worldwide. AccuWeather was established in 1962 and is headquartered in State College, Pennsylvania.

DEAL STATS #
Overall 2 of 5
Sector (Information Services) 2 of 4
Type (Add-on Acquisition) 2 of 5
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-08 WeatherData

Wichita, Kansas, United States

WeatherData, Inc. is a commercial weather company providing weather risk management consulting and state-of-the-art weather forecasting and services to more than 200 utility, transportation, manufacturing, educational and governmental clients throughout the U.S., Canada and Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-26 WeatherBank

Edmond, Oklahoma, United States

WeatherBank, Inc. is an integrated meteorology company that has been a mainstay of the weather industry for more than 30 years. WeatherBank provides comprehensive weather databases, patented weather technology, and specialized services across major industries and businesses.

Buy -
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