DTN Signs Agreement to Acquire Weather Decision Technologies

Acquisitions

Summary

MINNEAPOLIS--( BUSINESS WIRE )-- DTN , an independent source of insights, analysis and decision-support solutions, announced today that it has signed a definitive agreement to acquire Weather Decision Technologies, Inc .By bringing together the two leading commercial weather companies, we will create an industry-leading and highly scalable platform that combines accurate science with advanced technology,” said WDT Chief Executive Officer Mike Eilts.“DTN is the independent, trusted source of solutions to our weather-sensitive customers in the energy, agriculture and transportation marketplaces,” said Tom Dilworth, DTN chief financial officer.Hazardous weather detection, prediction, and decision analytics are available via APIs and GIS layers, as well as WDT’s leading risk mitigation SaaS platform, WeatherOps ® .WDT takes business continuity activities to the next level by assigning expert meteorologists to monitor global assets and provide live, one-on-one consulting before and during severe weather situations.

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Software SaaS Weather Data Services

Linked Companies

DTN
$50M to $100M