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 ...

Editor’s note: Elitsa Bakalova is Senior Analyst at Technology Business Research HAMPTON, N.H. – Kyndryl (NYSE: KD), a $19 billion spinoff from IBM (NYSE: IBM), operates as an independent company in ...

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 ...

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 ...

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 ...

Kyndryl Holdings reported a slight drop in second-quarter revenue on Tuesday, as the former IBM unit works to reduce and renegotiate inherited contracts that have hampered margins.

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, ...

Over the last year, IBM (NYSE: IBM) shareholders have been getting a slow drip of information about the planned November spinoff of its managed infrastructure business into a new publicly-traded ...

Kyndryl announced a new partnership with Amazon Web Services (AWS) on Wednesday centered on expanding its enterprise offerings and building out its internal infrastructure in the cloud. The terms of ...

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 ...

Big Blue’s investors received one freshly minted Kyndryl share per IBM stub a few weeks ago. The new company is a low-growth operation with modest cash profits. It’s also radically undervalued right ...