Kyndryl, formerly IBM’s managed infrastructure services business, is now an independent company. On Nov. 4, 2021, it began trading independently on the New York Stock Exchange with the ticker KD.
Although there are still close ties between the two companies — IBM retains a 19.9% stake in Kyndryl, which will remain one of its largest customers — the separation is opening up new opportunities on both sides.
Read More from This Article: Kyndryl eyes new markets in spin-off from IBM
Source: News