IBM to Spin Off Infrastructure Services Unit

Video News
Oct.08 — International Business Machines Corp. plans to spin off its managed infrastructure services unit into a public company, doubling down on its shift to become a major cloud services provider. The transaction should be done by the end of 2021. Chief Executive Officer Arvind Krishna talks to David Westin about the move.

Products You May Like

Articles You May Like

AI Is Reshaping Self-Driving Cars, Wayve CEO Says
Apple to Let Users Choose Rival AI Models
AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized IPO | Bloomberg Tech 5/11/2026
Arm Warns of Phone Market Weakness | Bloomberg Tech 5/7/2026
BMO’s Schleif Says AI Stampede Fueling Rally Beyond Tech

Leave a Reply

Your email address will not be published. Required fields are marked *