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		</div><p>IBM is selling assets of The Weather Company – including Weather.com and The Weather Channel mobile app — to private equity firm Francisco Partners.</p>
<p>The two companies announced the deal on Tuesday that also includes The Weather Company’s forecasting science and technology platform and other digital properties. They did not disclose its price.</p>
<p>IBM agreed to buy The Weather Channel mobile app along with the digital assets of The Weather Company in 2015 for 2 billion US dollars (£1.57 billion) — but did not acquire The Weather Channel seen on TV. Allen Media Group has owned the Weather Group, which includes The Weather Channel television network, since 2018.</p>
<p>IBM will still retain its sustainability software business, including the Environmental Intelligence Suite. The Armonk, New York-based tech company said it also plans to still use The Weather Company’s weather data for this technology.</p>
<p>According to Tuesday’s announcement, The Weather Company reaches an average of more than 415 million people each month through its consumer-facing digital properties and more than 2,000 businesses through its enterprise offerings.</p>
<p>Rob Thomas, IBM’s senior vice president of software and chief commercial officer, said the deal reflects IBM’s focus on artificial intelligence and hybrid cloud technology.</p>
<p>The sale is set to close in early 2024, the companies said.</p>
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