For the television network formerly owned by The Weather Company, see The Weather Channel. For the Australian company, The Weather Company Pty. Ltd., see Weatherzone.
The Weather Company LLC is a weather forecasting and information technology company that owns and operates weather.com (the website for The Weather Channel), and Weather Underground. From 2016 to 2023, The Weather Company was a subsidiary of the Watson & Cloud Platform business unit of IBM.[2] In February 2024, Francisco Partners completed the acquisition of The Weather Company, which operates as a standalone company.[3]
The Weather Company started as the Weather Channel in 1980, and launched two years later. In 2012, the company created a broader holding company and replaced the word "Channel" with "Company" to better reflect their growing lineup of digital products.[4]
The Weather Company was previously owned by a consortium made up of the Blackstone Group, Bain Capital, and NBCUniversal. That consortium sold the Weather Company's product and technology assets to IBM on January 29, 2016, but retained possession of The Weather Channel cable network until March 2018, when it was sold to Entertainment Studios.[2] As part of the 2016 spin-off, the consortium entered into a long-term licensing agreement with IBM for use of its weather data and "The Weather Channel" name and branding.[5][6][7] In August 2023, IBM agreed to sell The Weather Company to private equity firm Francisco Partners for an undisclosed sum.[8]
In February 2024, Francisco Partners completed the acquisition of The Weather Company, which operates as a standalone company.[9]
^ abPress release (29 January 2016). . The Weather Company. Archived from the original on July 7, 2018. Retrieved 22 July 2016.
^Francisco Partners, Francisco Partners (February 1, 2024). "Francisco Partners Completes Acquisition of The Weather Company". Francisco Partners. Retrieved February 15, 2024.
^Stelter, Brian (2012-10-21). "Weather Channel's Parent Company Is Renamed". The New York Times. ISSN 0362-4331. Retrieved 2017-08-17.
^Hardy, Quentin (28 October 2015). "IBM to Acquire the Weather Company". The New York Times. Retrieved 22 July 2016.
^Cao, Jing (28 October 2015). "IBM Agrees to Acquire Weather Channel's Digital Assets". Bloomberg News. Retrieved 22 July 2016.
^Littleton, Cynthia (28 October 2015). "Storms Are In, Reality Shows Out as Weather Channel Gets Back to Basics". Variety. Retrieved 22 July 2016.
^Field, Hayden (August 22, 2023). "IBM selling The Weather Channel and the rest of its weather business". CNBC. Retrieved August 22, 2023.
^Francisco Partners, Francisco Partners (February 1, 2024). "Francisco Partners Completes Acquisition of The Weather Company". Francisco Partners. Retrieved February 15, 2024.
weather, company, television, network, formerly, owned, weather, channel, australian, company, weatherzone, weather, forecasting, information, technology, company, that, owns, operates, weather, website, weather, channel, weather, underground, from, 2016, 2023. For the television network formerly owned by The Weather Company see The Weather Channel For the Australian company The Weather Company Pty Ltd see Weatherzone The Weather Company LLC is a weather forecasting and information technology company that owns and operates weather com the website for The Weather Channel and Weather Underground From 2016 to 2023 The Weather Company was a subsidiary of the Watson amp Cloud Platform business unit of IBM 2 In February 2024 Francisco Partners completed the acquisition of The Weather Company which operates as a standalone company 3 The Weather Company LLCCompany typePrivateIndustryInformation technologyWeather forecastingFoundedJuly 18 1980 43 years ago 1980 07 18 as The Weather Channel October 21 2012 11 years ago 2012 10 21 as the Weather Company Headquarters1001 Summit Blvd NE Brookhaven Atlanta Georgia U S 1 Key peopleSheri Bachstein CEO OwnerFrancisco Partners 2024 present ParentLandmark Communications 1980 2008 NBCUniversal Bain Capital The Blackstone Group 2008 2016 IBM 2016 2024 SubsidiariesWeather UndergroundWSI CorporationWebsitewww wbr weathercompany wbr com Contents 1 History and operations 2 See also 3 References 4 External linksHistory and operations editThe Weather Company started as the Weather Channel in 1980 and launched two years later In 2012 the company created a broader holding company and replaced the word Channel with Company to better reflect their growing lineup of digital products 4 The Weather Company was previously owned by a consortium made up of the Blackstone Group Bain Capital and NBCUniversal That consortium sold the Weather Company s product and technology assets to IBM on January 29 2016 but retained possession of The Weather Channel cable network until March 2018 when it was sold to Entertainment Studios 2 As part of the 2016 spin off the consortium entered into a long term licensing agreement with IBM for use of its weather data and The Weather Channel name and branding 5 6 7 In August 2023 IBM agreed to sell The Weather Company to private equity firm Francisco Partners for an undisclosed sum 8 In February 2024 Francisco Partners completed the acquisition of The Weather Company which operates as a standalone company 9 See also editList of mergers and acquisitions by IBM List of meteorology institutions Portals nbsp Companies nbsp WeatherReferences edit The Weather Channel in Atlanta GA YP com a b Press release 29 January 2016 IBM Closes Deal to Acquire The Weather Company s Product and Technology Businesses The Weather Company Archived from the original on July 7 2018 Retrieved 22 July 2016 Francisco Partners Francisco Partners February 1 2024 Francisco Partners Completes Acquisition of The Weather Company Francisco Partners Retrieved February 15 2024 Stelter Brian 2012 10 21 Weather Channel s Parent Company Is Renamed The New York Times ISSN 0362 4331 Retrieved 2017 08 17 Hardy Quentin 28 October 2015 IBM to Acquire the Weather Company The New York Times Retrieved 22 July 2016 Cao Jing 28 October 2015 IBM Agrees to Acquire Weather Channel s Digital Assets Bloomberg News Retrieved 22 July 2016 Littleton Cynthia 28 October 2015 Storms Are In Reality Shows Out as Weather Channel Gets Back to Basics Variety Retrieved 22 July 2016 Field Hayden August 22 2023 IBM selling The Weather Channel and the rest of its weather business CNBC Retrieved August 22 2023 Francisco Partners Francisco Partners February 1 2024 Francisco Partners Completes Acquisition of The Weather Company Francisco Partners Retrieved February 15 2024 External links editOfficial website nbsp nbsp This article about atmospheric science is a stub You can help Wikipedia by expanding it vte nbsp This United States corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title The Weather Company amp oldid 1215757905, wikipedia, wiki, book, books, library,
