Kyndryl completes $350M acquisition of Healthcare IT Leaders to boost AI-driven healthcare tech services

Kyndryl has finalized its acquisition of Healthcare IT Leaders for up to $350 million, enhancing its capabilities in healthcare IT services. This move combines Healthcare IT Leaders' consulting and managed services with Kyndryl's infrastructure and AI strengths to modernize healthcare providers' technology. The acquisition supports Kyndryl's strategy to expand in healthcare IT without altering its 2027 financial outlook. Kyndryl has paused its share buyback program temporarily to maintain financial flexibility for strategic investments.