Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
The Tech Capital speaks to Kyndryl’s UK&I president on this news as well as Kyndryl’s present and future as the $19 billion brand begins trading independently from IBM.
IT infrastructure provider Kyndryl (NYSE: KD), which has recently spanned off from IBM (NYSE: IBM), and NetApp said they have signed an agreement with BMW Group (ETR: BMW) to help the car manufacturer build its data infrastructure strategy.
The agreement combines Kyndryl’s digital infrastructure services with NetApp’s cloud-led, data-centric software technology.
Kyndryl has been tasked with serving as the lead integrator, applying its expertise and global reach to manage the enterprise storage infrastructure that is critical to the automaker’s production process.
On the other hand, NetApp will provide the hybrid cloud data infrastructure foundation for all of BMW Group’s data centre needs, delivering network-attached (NAS) and scale-out storage infrastructure.
The deal covers 17 countries on five continents with Germany, USA, and China as key markets.
Tosca Colangeli, President of Kyndryl UK and Ireland, said: “We are proud that BMW Group has selected Kyndryl for this strategic program. The technology and services that we provide, will be advancing innovation for the entire organization while ensuring operational stability.”
IBM $19bn spinoff Kyndryl starts independent digital infrastructure journey, but it has years of hard work ahead
