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IBM Is Naming Its Independent Managed Infrastructure Services Business “Kyndryl”

By John F. Heerdink, Jr.

Reportedly, International Business Machines Corp (IBM) managed infrastructure services business will be called “Kyndryl” and will be headquartered in New York after a planned spinoff later this year.

“Kyndryl evokes the spirit of true partnership and growth,” stated Martin Schroeter, Chief Executive Officer of Kyndryl. “Customers around the world will come to know Kyndryl as a brand that runs the vital systems at the heart of progress, and an independent company with the best global talent in the industry.”

The plan to separate the unit was announced in 2020 as IBM focused on its cloud offerings in response to slowing software sales and seasonal demand for its mainframe servers. As an independent company, Kyndryl will open alliances with a diverse ecosystem of leading technology partners.

Dow 30 component International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. To learn more about International Business Machines Corp (IBM) and to track its ongoing progress please visit the Vista Partners IBM Coverage Page

 

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(Read Original Story: IBM's Independent Managed Infrastructure Services Business to be Named Kyndryl in PR Newswire)


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