IBM acquired The Weather Company's B2B, mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Company brand. The TV segment, The Weather Channel, was not acquired by IBM, but will license weather forecast data and analytics from IBM under a long-term contract. The combination of technology and expertise from the two companies will serve as the foundation for the Watson IoT Cloud platform, building on a $3B commitment made by IBM in March 2015, to invest in the Internet of Things.
The Weather Company's dynamic cloud data platform, which powers the fourth most-used mobile app daily in the United States and handles up to 26 billion inquiries to its cloud-based services each day, will run across IBM Cloud data centers globally and serve as the technology backbone of IBM's data services and Watson IoT businesses.
IBM is dedicating more than 2500 developers worldwide to help its clients and partners collect, analyze and act upon entirely new forms of IoT data resulting from the proliferation of automobile and airplane telematics, building and environmental sensors, wearable devices, medical implants, weather stations, smartphones, social media, manufacturing lines and supply chains, among others.