IBM means "INTERNATIONAL BUSINESS MANAGEMENT" says that the move will allow us to focus on hyper cloud growth strategy, moving the campus to a free spin off to the shareholders, should be completed by the end of 2021.
There is a new look of how IBM looks like on the chart, moving from 70% to 30%. This downfall tells a lot to the growth of international business around the world.
This argument held between the old C.E.O of IBM and the new C.E.O leads to the spin off of its unit into separate public company.
Over 110 billion IBM account will be allowed to move to a separate public company for the development of IBM standard.
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