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Kyndryl Holdings, Inc. is an American multinational information technology infrastructure services provider, [4] [5] [6] headquartered in New York City [7] and created from the spin-off of IBM's infrastructure services business in 2021.
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
Apollo and Kyndryl have discussed an acquisition offer for DXC of between $22 and $25 per share, one of the sources said. ... the information technology services provider that was spun out of IBM ...
After the separation, IBM will focus on its core hybrid cloud and artificial intelligence (AI) solutions business. Following the news, shares sank 1.4%, closing at $140.47 on October 12.
Martin Schroeter (born 1964) is an American-Australian businessperson. [3] He has been the founding chairman and CEO of Kyndryl, an IBM spinoff, since 2021. [4] [5] [2] He previously held roles at IBM, including CFO from 2014 [6] to 2017, [7] and senior vice president of global markets until 2020. [8]
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Skytap, Inc. is a private company based in Seattle, Washington offering a public service for cloud computing.Skytap provides self-service access to environments for learning, developing, testing, training, and running enterprise applications.
Kyndryl, the former infrastructure services business of IBM, signed a deal with Nokia to help automate factories by bringing in cloud computing and artificial intelligence over wireless networks.