Hacker News new | ask | show | jobs
by raverbashing 1877 days ago
I thought IBM had divested their service part recently, not sure how did that affected their size.
1 comments

The divesting is in-progress, it hasn't happened yet.
it seems like IBM's future is in divesting itself of a handful of profitable things as one organization.. then selling the IBM name to that organization.. and bankrupting the 'original' organization. otherwise they'll have one big anchor around their neck in perpetuity.
The opposite. New IBM is focused on cloud and hybrid-cloud, whereas NewCo is everything else (consulting, legacy software).

Although I believe mainframes are sticking with IBM. Those are still quite profitable, and you could imagine a "mainframe cloud" for clients that are still dependent on them.