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IBM Wants Weather Company's Digital Assets

  • Reuters, Wednesday, October 28, 2015 11:42 AM

IBM plans to buy the Weather Company's digital assets for a figure that reportedly exceeds $2 billion. For IBM, the plan is to boost its Watson cloud and Internet of Things platforms, Reuters writes. “The deal highlights IBM's focus on high-growth areas, such as cloud computing and analytics, as it dumps low-margin businesses, such as cash registers, low-end servers and semiconductors.”


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