This technology firm delivers IT infrastructure and managed solutions to major enterprises across multiple global industries.
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 ...
Cash management practices are a focus of the investigation and the subsequent internal review by Kyndryl’s audit committee.
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 ...
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 ...
IT infrastructure services provider Kyndryl (NYSE:KD) fell short of the market’s revenue expectations in Q4 CY2025 as sales rose 3.1% year on year to $3.86 billion. Its non-GAAP profit of $0.52 per ...
‘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 ...
‘This is not a business that IBM really invested in. It chose not to. So we now have an opportunity to not only move into the ecosystem that matters, but also to invest in the business and create the ...
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 ...
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