International Business Machines Corp. plans to spin off its unit that manages clients’ information-technology infrastructure and accounts for nearly a quarter of its sales and staff, a major step in the 109-year-old tech pioneer’s effort to focus on the faster-growing cloud-computing business and artificial intelligence.
The move IBM announced Thursday would separate a large chunk of its broader IT services business, which for years has been its biggest revenue driver. But the business has shrunk as customers have embraced…
IBM, Cloud computing, Information technology, Infrastructure
World news – US – IBM to Spin Off Managed Infrastructure Services Unit Into a Public Company
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