Acquiring Company
Kyndryl
Acquired Company
Skytap
New YorkSeattleInformation TechnologyFinancial ServicesEventsData CenterIT InfrastructureInformation TechnologySoftwareDescription
Kyndryl, the world's largest IT infrastructure services provider, has acquired privately held Skytap to expand its hybrid cloud services portfolio and help customers modernize mission-critical infrastructure platforms. Additionally, Kyndryl has entered into a definitive agreement to divest its Securities Industry Services business in Canada to Broadridge to enhance its focus on core growth areas.
Quick answer
Kyndryl is acquiring Skytap, announced May 13, 2024. Kyndryl is based in New York, New York, United States.
- How much did Kyndryl pay for Skytap?
- The deal value was not disclosed.
- What does Kyndryl do?
- Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries.
- Where are Kyndryl and Skytap based?
- Kyndryl is based in New York, New York, United States. Skytap is based in Seattle, Washington, United States.
- Who are the decision-makers at Kyndryl?
- Fundz holds 4 contacts at Kyndryl. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Events
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- ITCM finalizes acquisition of Value Logic, Inc. to strengthen diverse service offerings (June 4, 2024)
- Broadridge to acquire Kyndryl's Securities Industry Services (SIS) wealth and capital markets technology platform (May 13, 2024)
- SunStream USA to acquire majority equity positions in U.S. cannabis assets including Surterra Holdings, Inc. and Greenpeak Industries Inc. (May 2, 2024)
- Meridian Bidco LLC, an Affiliate of K1, to Acquire MariaDB plc for $0.55 per Share (April 24, 2024)
- Significo completes acquisition of Bunch, an AI leadership coach app, to enhance healthcare technology (June 26, 2024)
- Freshworks completes acquisition of Device42 to enhance IT Asset Management Capabilities (June 6, 2024)
Who to call at Kyndryl, and when
When Kyndryl changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Kyndryl raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kyndryl, from your own LinkedIn network
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Frequently asked
Who acquired Skytap?
Skytap was acquired by Kyndryl, based in New York. The deal was reported on May 13, 2024. Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. Kyndryl is publicly traded (KD) and operates in Information Technology.
When did Kyndryl acquire Skytap?
Kyndryl's acquisition of Skytap was reported on May 13, 2024. Kyndryl, the world's largest IT infrastructure services provider, has acquired privately held Skytap to expand its hybrid cloud services portfolio and help customers modernize mission-critical infrastructure platforms. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Skytap do?
Skytap is a leading specialized workload services provider with innovative technologies that enable customers to move and run their mission-critical systems in the public cloud with minimum change. It is privately held, operating in Information Technology, and is based in Seattle.
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