M&A Deal Summary

AccuWeather Acquires WeatherBank

On January 26, 2015, AccuWeather acquired information services company WeatherBank

Acquisition Highlights
  • This is AccuWeather’s 3rd transaction in the Information Services sector.
  • This is AccuWeather’s 2nd transaction in the United States.
  • This is AccuWeather’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2015-01-26
Target WeatherBank
Sector Information Services
Buyer(s) AccuWeather
Deal Type Add-on Acquisition

Target

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.

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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 3 of 5
Sector (Information Services) 3 of 4
Type (Add-on Acquisition) 3 of 5
State (Oklahoma) 1 of 2
Country (United States) 2 of 3
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-07 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-29 Hazard Notifications

Norman, Oklahoma, United States

Hazard Notifications, LLC is a developer of customized weather forecast modeling and mapping with leading applications integrated across digital platforms. Their patented technology includes predictive modeling, graphics automation, and mesoscale modeling. Hazard Notifications was founded with the mission to simplify weather data visualization, making complex weather information more intuitive and actionable for users.

Buy -
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