IBM (NYSE: IBM) will spin off its managed infrastructure services unit into a public company in a move to focus on its growth strategy for hybrid cloud and advance artificial intelligence capabilities ...

Guggenheim analyst initiates coverage on Kyndryl with a Buy rating and a price forecast of $30. Kyndryl has executed a ...

A while back, it was announced that old Big Blue was going to be split into two companies. What does that mean for remaining IBMers on Rochester’s former IBM campus? Will “mommy” or “daddy” get ...

Few things cheer shareholders like a stock split, and last week few share holders were as cheery as IBM’s. At their annual meeting in Boston, 2,300 of the faithful (of a 359,495 total) heard Chairman ...

IBM has announced it will separate its services businesses, creating two divisions to focus on the different types of consulting and outsourcing that now make up half of Big Blue’s total revenue ...

The $19 billion managed infrastructure services business will be based in New York City and operate under the name Kyndryl once it separates from IBM later this year. IBM has settled on a new name for ...

The open-source development tools organization is set to transition from an IBM spin-off to an independent foundation by next month. Martin LaMonica is a senior writer covering green tech and ...

IBMwill buy software company Apptio for $4.6 billion, marking the seventh acquisition this year as Chief Executive Officer Arvind Krishna pushes the company’s transformation into a hybrid-cloud and ...

If anything really good emerges, it can be split off and shuffled over into yet another black box PE 'thing'. Not sexy, but the prospect exists to make some money, and IBM's shareholders can either ...

Eclipse, an open-source development tools organization backed by IBM, plans to transition to an independent foundation by next month, a representative said on Tuesday. The Eclipse consortium has filed ...

Couldn't they do the same for their Computer Hardware business. Instead of selling it off to Lenovo. Click to expand... They could have sure. IBM could have easily spun off their PC division to the ...