The cable TV segment was not acquired by IBM, but will license weather forecast data and analytics from IBM under a long-term contract.
The combination of technology and expertise from the two companies will serve as the foundation for the Watson IoT Cloud platform, building on a $3B commitment IBM made in March 2015 to invest in the Internet of Things. The deal broadly extends the scale and capability of IBM’s cloud data services platform and expands The Weather Company’s enterprise services capabilities and consumer reach to a global scale, including plans to bring weather.com to new major markets such as China and India.
Dave Shull |
Dave Shull will be CEO of The Weather Channel Television Network. Before the deal, Shull’s title was Group President, TV. He joined The Weather Channel in May of last year after previously being at Dish Network.
On the IBM side, David Kenny, who was chairman and CEO of The Weather Company, assumes leadership of the IBM Watson platform business – while The Weather Company, which will be led by Cameron Clayton, becomes part of IBM’s Data and Analytics Platform business unit.
No comments:
Post a Comment