Wednesday, October 28, 2015

IBM Is Acquiring The Weather Company

IBM is allegedly spending more than $2 billion to buy the digital and data assets of the Weather Company, which owns the Weather Channel.

IBM is making a play to obtain large amounts of data about an unexpected topic: the weather. This morning, the tech company announced it is acquiring the digital and data assets of the Weather Company, which owns the Weather Channel and is one of the world's largest aggregators of weather-related data. According to the New York Times, the company's data sets—which impact everything from the aerospace sector to insurance companies and retailers—could help create new use cases for Watson, IBM's artificial intelligence platform.

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