Last November, IBM (NYSE: IBM) completed its spin-off of Kyndryl (NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one ...

Distribution of Kyndryl shares to IBM stockholders will happen after the market closes Nov. 3. IBM said Tuesday its board of directors has approved the separation of the tech giant’s managed ...

International Business Machines (NYSE: IBM) has spent the better part of a decade transforming itself into a cloud-computing and AI-focused company. It hasn't been a smooth ride. While the cloud ...

On a pro forma basis, the IBM managed infrastructure business now known as Kyndryl saw revenue of $19.35 billion last year, a 4.5 percent decline from the year before, according to a Kyndryl ...

Kyndryl was the worst part of underperformer IBM, and was spun off in November 2021. The company struggled at first with declining revenues and losses. Management provided a detailed plan with ...

Managed infrastructure provider Kyndryl isn’t wasting any time declaring its independence from IBM. A week after spinning off from big blue, the newly formed company announced its first strategic ...

Editor’s note: Elitsa Bakalova is Senior Analyst at Technology Business Research HAMPTON, N.H. – Kyndryl (NYSE: KD), a $19 billion spinoff from IBM (NYSE: IBM), operates as an independent company in ...

RESEARCH TRIANGLE PARK – Kyndryl, IBM’s planned managed infrastructure spinoff company, has named Antoine Shagoury, a venture partner at Ridge-Lane LP and the former CIO of the London Stock Exchange, ...