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AT&T to sell managed services, applications unit to IBM

AT&T is selling off its managed application and hosting services unit to IBM as part of what the two companies say is a way to expand their long-term relationship to deliver networking and hosting services to their enterprise customers.

Upon closing the deal, IBM will deliver the managed app/hosting services that are currently provide by AT&T. IBM said that the offerings will be “aligned” with its cloud services portfolio.

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