IBM has settled on a new name for its $19 billion ... s name written in red and entirely in lowercase. The spinout of the 4,600-client Kyndryl business is expected to occur by the end of 2021 ...
The services spin-off will have revenue of $19 billion with more than 4,600 clients in 115 countries including more than 75 percent of the Fortune 100. IBM will retain $8 billion from the GTS ...
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