- 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.
