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Nov 3, 2021 · ARMONK, N.Y., November 3, 2021 - 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 will begin “regular way” trading on the New York Stock Exchange under the symbol “KD.”. Each holder of IBM common stock will receive one ...
- IBM Completes Separation of Kyndryl
November 4, 2021. On November 3, 2021, IBM completed the...
- Kyndryl Unveils New Operating Model And Global Structure
ARMONK, N.Y., July 1, 2021 / PRNewswire / -- Kyndryl, the...
- IBM Completes Separation of Kyndryl
Nov 4, 2021 · NEW YORK, Nov. 4, 2021 -- Kyndryl today announced that it has completed its previously announced spin-off from IBM (NYSE: IBM) and began trading as an independent company on the New York Stock Exchange under the ticker “KD”. Kyndryl celebrated becoming an independent, publicly-traded company by ringing the Opening Bell at the Exchange ...
Kyndryl Holdings, Inc. is an American multinational information technology infrastructure services provider. [3] [4] [5] Headquartered in New York City [6] and created from the spin-off of IBM 's infrastructure services business in 2021, the company designs, builds, manages and develops large-scale information systems .
IBM has temporarily retained 19.9 percent equity ownership of Kyndryl following this distribution. Kyndryl (NYSE: KD) designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. Kyndryl's nearly 90,000 employees serve customers in more than 60 countries around the world.
Kyndryl is organized into six global managed services practices, each managing a different aspect of technology: applications, data and AI; core enterprise and zCloud, IBM’s mainframe-as-a ...
- Peter Sayer
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