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 ...

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 ...

RESEARCH TRIANGLE PARK – Kyndryl, the IBM spinoff focusing on consulting and other tech services, is cutting jobs. And some employees are comparing the layoffs to their days as part of Big Blue where ...

Kyndryl is set to kick off trading Thursday, Nov. 4, on the New York Stock Exchange under the ticker symbol “KD” following the completion of the managed infrastructure services business’ separation ...

Kyndryl this week released the full annual total compensation of its top five most highly compensated executives for the first time since the global solution provider was spun out of IBM. First Look ...

RESEARCH TRIANGLE PARK – There’s a new publicly-traded company with a large portion of its workforce based in the Triangle: the IBM spin-out Kyndryl. Today marks the official completion of the ...

IBM shareholders will own at least 80% of Kyndryl when the spinoff is complete. Kyndryl has a large market opportunity and is free cash flow positive with some adjustments. IBM will be better able to ...

ARMONK, N.Y.--(BUSINESS WIRE)--IBM (NYSE: IBM) announced today that it has completed the separation of its managed infrastructure services business to Kyndryl. Starting on November 4, 2021, Kyndryl ...

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 ...