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 ...

Guggenheim analyst initiates coverage on Kyndryl with a Buy rating and a price forecast of $30. Kyndryl has executed a ...

Kyndryl, formerly IBM’s Managed Infrastructure Services unit, is officially an independent company. From the start the spinoff will be big, with more than 90,000 employees, $19 billion in annual ...

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 ...

‘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 ...

NEW YORK, November 8. Kyndryl today announced that it has completed its previously announced spin-off from IBM (NYSE: IBM) and began trading as an independent company on the New York Stock Exchange ...

RESEARCH TRIANGLE PARK – Kyndryl, the looming spinoff from IBM, plans a “lean and focused team” focused on six primary areas of service. “Kyndryl is meeting customers where they are on their digital ...

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, ...

Big Blue will drop a lot of dead weight by the end of 2021. In late September, Kyndryl filed an SEC report that finally revealed its exact growth rates. Let's review the five key highlights from that ...

IBM has revealed Kyndryl will be the name of the new, independent company that will be created following the separation of its Managed Infrastructure Services business. The separation is expected to ...

IBM spun off Kyndryl last November. Big Blue’s investors were eager to dump the new spin-off. IBM might generate more stable growth without Kyndryl, but Kyndryl is also deeply undervalued as a ...