IBM announced Wednesday that it has purchased the Weather Company. It is essentially buying everything except the actual TV network. IBM is taking the Weather Company's digital assets, including the uber-popular Weather Channel mobile app, weather.com, and -- most crucially for IBM -- all the company's forecasting data and technology.
Through a business unit called WSI, the Weather Company licenses its data to businesses across many industries, including media, aviation, energy, insurance and public utilities. It also provides weather data for Google and Apple (AAPL, Tech30). And it owns the largest commercial meteorological database in the world, along with massive facilities that collect radar, satellite, and other weather information.
WSI says it processes 100 gigabytes of weather information each day.
http://money.cnn.com/2015/10/28/technol ... r-channel/