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Benzinga
Benzinga
Technology
Anusuya Lahiri

Kyndryl, Nokia Collaborate: All You Need To Know

NOK Nokia Kyndryl NYSE KD (Organization) Chris Johnson Nokia Oyj
  • Kyndryl Holdings Inc (NYSE:KD) and Nokia Oyj (NYSE:NOK) forged a global network and edge computing partnership.
  • They look to help enterprise customers accelerate their digital transformations with industrial-grade reliable and secure LTE and 5G private wireless networking.
  • The partnership builds on a successful private wireless connectivity project combining Nokia Digital Automation Cloud (DAC) application platform with Kyndryl's consulting, design, implementation, and managed services.
  • The solution will support the move to Industry 4.0.
  • Chris Johnson, head of the Global Enterprise Business at Nokia, said: "By combining Kyndryl's world-class services expertise and global reach with Nokia's mission-critical, industry-leading private wireless and industrial edge computing solutions, we will enable even more organizations to transform their operations, accelerate their digitalization journey and reap the benefits of Industry 4.0."
  • Price Action: KD shares traded lower by 2.90% at $15.23 on the last check Thursday.
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