Yea, that's what I took away from the news stories, WSWeather. Apparently everything belonging to IBM as of the early 2016 purchase, like the weather.com website, weather underground, smartphone apps, etc. are not part of this deal.
Too bad, maybe an infusion of cash and dedicated talent would have been helpful, especially solving weather underground's many problems. Once it became obvious WU was no quick fix, the momentum died and I suspect it'll either be absorbed into weather.com or sold off in a fire sale corporate tax write-off.