IBM said Wednesday it is buying The Weather Company's digital properties, including WSI, Weather.com, Weather Underground and The Weather Company brand.
The TV segment — The Weather Channel — is not included in the deal, but The Weather Co. will license weather forecast data and analytics from IBM under a long-term contract, according to a statement by the company.
NBC Universal, the parent company of NBC News, along with The Blackstone Group and Bain Capital are joint owners of The Weather Company.
