Re:IBM to Acquire the Weather Company
by bostonpete on Wednesday October 28, 2015 @03:01PM
(#10466526)
Except that according to the article, the bought the Weather Company and not the Weather Channel...
Re:IBM to Acquire the Weather Company
by Nicholas_C on Wednesday October 28, 2015 @03:53PM
(#10466899)
The Weather Company owns the Weather Channel.
They bought the Weather Company minus the TV channel side of the business. So I would assume The Weather Channel will remain an independent company just without the digital assets.
Re:IBM to Acquire the Weather Company
by bostonpete on Wednesday October 28, 2015 @10:00PM
(#10468740)
The article explicitly says the weather channel was not part of the deal.
This reminds me a "joke" told to me by a friend who works at what used to be Softlayer (and has now been integrated into IBM) to explain why IBM bought Softlayer: "IBM wanted to have a good cloud business, so they bought one".
IBM Board meetings notes: "We should buy the Cloud" "What?" "You know, the Cloud" "Why?" "We want to be the biggest"
buys weather channel