this post was submitted on 23 Aug 2023
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IBM selling The Weather Channel and the rest of its weather business (www.cnbc.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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IBM selling The Weather Channel and the rest of its weather business::IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.

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[–] unwillingsomnambulist@midwest.social 9 points 1 year ago

I think it’s fair to look at IBM with a more cynical eye. Historically it’s been “acquire, way you’ll make no changes, wait a bit, make changes that piss off 80% of your customer base.” Somewhere in there is a “reduce customer service effectiveness” step that is distinct from “make changes.”

After that it’s either “sell it off to the highest bidder” or “keep at it because who else are the customers gonna use?”