The IBM announced on Wednesday that it had entered into a definitive agreement to acquire most of the assets of the Weather Co, including its Weather.com website, a large number of weather data collection points, consumer and business applications and a staff of more than 900 people.
IBM would not say how much it was paying for the business, but an earlier report in The Wall Street Journal put the deal at over $2 billion. The Weather Channel, a cable television outlet, was not part of the deal, but it would licence weather forecast data from IBM.
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