Kirkland & Ellis advised Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, on a definitive agreement under which Francisco Partners will acquire The Weather Company from IBM. The assets being acquired by Francisco Partners include The Weather Company’s digital consumer-facing offerings, The Weather Channel mobile and cloud-based digital properties including Weather.com, Weather Underground and Storm Radar, as well as its enterprise offerings for broadcast, media, aviation, advertising technology and data solutions for other emerging industries. The Weather Company will also bring its forecasting science and technology platform to Francisco Partners. Specific terms of the transaction were not disclosed.
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