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Bain Capital and Blackstone sell The Weather Company’s tech and product businesses

Feb 01, 2016 - peHUB
Mergers and Acquisitions

Bain Capital and The Blackstone Group has sold The Weather Company‘s tech and product businesses to IBM. No financial terms were disclosed. Included in this transaction are The Weather Company’s B2B brand WSI.

PRESS RELEASE

Bain Capital and The Blackstone Group have completed the sale of The Weather Company’s B2B, mobile and cloud-based web properties, weather.com, Weather Underground, The Weather Company brand and WSI, its global business-to-business brand.

The combinati...