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 new ...

After spinning off the legacy managed infrastructure services business, IBM's software and consulting business accounted for 75% of group revenue, and more than half of its group revenue is recurring ...

While Kyndryl’s overall revenue is on a decline, Kyndryl Consult is growing in double digits, acting as the only green shoot for the IBM spin-off. IBM spin-off Kyndryl is betting on its consulting arm ...

Kyndryl, the spin-off of IBM’s managed infrastructure services business, debuted as an independent company on the New York Stock Exchange Thursday with the symbol “KD.” In the lead up to Kyndryl’s ...

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 ...