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UPDATE 2-IBM, looking to cloud, to buy Weather Company's digital assets

2015-10-29 08:15:04| Semiconductors - Topix.net

International Business Machines Corp said on Wednesday it would buy the Weather Company's digital assets to boost its Watson cloud and Internet of Things platforms. 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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