Kyndryl shares rose 1.88% in premarket trading

Tiger Newspress2021-11-12

Kyndryl shares rose 1.88% in premarket trading.Barely a week after it spun off from IBM, Kyndryl Holdings is wasting little time beefing up its partnerships in the managed technology services arena.

On Friday, Kyndryl (KD) said it will link up with Microsoft to develop and sell IT services and technologies for cloud, artificial intelligence and modernization of corporate work environments. As part of the partnership, Microsoft (MSFT) will set up a program for Kyndryl (KD) employees to provide training in, and knowledge of Microsoft's Cloud platform. the companies will also establish an innovation lab centered on customer developments built on Microsoft Cloud.

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