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IBM sells weather business to private equity firm Francisco Partners. ... But the company has been investing in its cloud offerings and announced a $4.6 billion all-cash buyout of technology spend ...
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]
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 ...
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]
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.
Here's 14 Silicon Valley execs that banks need to know when it comes to adapting to the public cloud. Banks, private-equity firms, and investing giants are enamored with Big Tech execs who have ...
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