Kyndryl Acquires Skytap, to Sell Securities Industry Services Unit to Broadridge Financial-February 2024-www.financetom.com

Kyndryl Acquires Skytap, to Sell Securities Industry Services Unit to Broadridge Financial

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Kyndryl Acquires Skytap, to Sell Securities Industry Services Unit to Broadridge Financial

May 13, 2024 6:50 AM

09:18 AM EDT, 05/13/2024 (MT Newswires) -- Kyndryl Holdings ( KD ) said Monday that it has acquired specialized workload services provider Skytap.

The technology services company said it has also agreed to sell its Securities Industry Services unit in Canada to Broadridge Financial Solutions ( BR ) .

The deals have no impact on Kyndryl's ( KD ) fiscal 2025 outlook, the company said.

Financial terms of the deals were not disclosed.

Price: 27.28, Change: +0.01, Percent Change: +0.04

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