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3 years ago

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IBM will spinoff legacy business to focus on cloud and AI services

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IBM will spinoff legacy business to focus on cloud and AI services

IBM is splitting into two public companies, with a spin-off handling the firm's legacy IT infrastructure work, allowing IBM to focus on new high-margin businesses, particularly cloud services and AI. The 109-year-old company announced the news this week, which follows CEO Arvind Krishna's longterm plan to streamline the sprawling business. Krishna took the reins of […]

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IBM will spinoff legacy business to focus on cloud and AI services

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IBM will spinoff legacy business to focus on cloud and AI services

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