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November 3, 2021 Kyndryl. IBM distributed 80.1% of its Kyndryl shares to IBM shareholders. January 21, 2022 – IBM announced that it would sell Watson Health to the private equity firm Francisco Partners. [232] August 22, 2023 — IBM announced that the private equity firm Francisco Partners would acquire The Weather Company assets. [233]
We regularly review our portfolio to make sure our business areas are core to that strategy," said Rob Thomas, senior vice president for software. IBM declined to give more details on the sale.
In September 2018, private equity firm Thoma Bravo purchased a majority stake in Apttus. [14] This resulted in significant turnover in the executive ranks, as Thoma Bravo installed a new CEO, CFO, Chief Legal Officer, Chief People Officer, Vice President of Finance, and Corporate Controller by the end of 2018. [11]
NEW YORK (AP) — IBM is selling assets of The Weather Company — including Weather.com and The Weather Channel mobile app — to private equity firm Francisco Partners. The two companies ...
Francisco Partners was founded in August 1999, [8] in Menlo Park, California, during the emergence of dedicated technology buyout firms. [9] Founders Sanford Robertson, Dipanjan Deb, David Stanton, Benjamin Ball, and Neil Garfinkel came from a variety of private equity firms.
Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. [ 4 ] [ failed verification ] With over $100 billion in assets under management (AUM), it is one of the largest private equity firms in the world. [ 5 ]
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