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 ...

‘VMware, like Kyndryl, is newly independent and a leader in helping customers bring their existing applications to the cloud, as well as helping to create new cloud-native offerings,’ Kyndryl CEO ...

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 ...

This morning IBM officially spun out its infrastructure services into a new business called Kyndryl, one that, by the way, has revenue of $19 billion out of the gate as a public company. Whatever you ...

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 ...

‘Our alliances with the three major cloud hyperscalers are a significant part of our growth strategy because they allow us to expand beyond the boundaries of IBM-centric technologies to participate in ...