[Info-vax] IBM splitting off managed infrastructure business

[Chris Townley]

On Saturday, 10 October 2020 00:56:09 UTC+1, Stephen Hoffman  wrote:
> https://newsroom.ibm.com/Accelerating-our-future-and-growth-strategy
> 
> "...two things are becoming increasingly clear. First, we’re seeing a 
> tremendous increase in client demand for our capabilities and 
> expertise. Second, we’re noticing that client buying needs for 
> application and infrastructure services are diverging.
> Because of this, we have decided that the managed infrastructure 
> services business of our GTS segment will become an independent 
> company, which we’re initially referring to as “NewCo.” We expect the 
> new company to be created sometime toward the end of 2021. IBM will 
> sharpen its focus on its open hybrid cloud platform and AI 
> capabilities. And the new company will focus on delivering managed 
> infrastructure services."
> 
> 
> -- 
> Pure Personal Opinion | HoffmanLabs LLC

Does that mean we will have to change the age old expression "Nobody got fired for buying IBM"?

Chris