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IBM To Purchase Weather.com, Stocks Rise

IBM announced its plan to purchase WSI, Weather.com, Weather Underground and The Weather Company brand.
IBM announced its plan to purchase WSI, Weather.com, Weather Underground and The Weather Company brand. Photo Credit: Wikipedia

ARMONK, N.Y. -- IBM announced its plan to purchase WSI, Weather.com, Weather Underground and The Weather Company brand, reports say.

The Weather Channel was not included in the deal.

According to a statement by the Weather Co., it will license weather forecast data and analytics from IBM under a long-term contract.

The Weather Co.'s app is the fourth most-used mobile app daily in the United States, according to a statement by IBM.

IBM shares were up 1 percent after the announcement.

Click here to read a story by NBC News .

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