Dutch government blocks US company from acquisition, citing ‘risk to public interest’
The Dutch government has blocked the acquisition of Solvinity by Kyndryl, citing risks to public interest. The deal was seen as potentially compromising the security of the DigiD platform, which is crucial for identity verification in accessing public services. This decision reflects a broader trend in Europe to limit reliance on U.S. technology companies amidst concerns over data control.
- ▪The Dutch government imposed a complete prohibition on Kyndryl's acquisition of Solvinity.
- ▪Solvinity hosts the DigiD platform, which allows residents to verify their identity for public services.
- ▪Concerns were raised that the acquisition could place sensitive data under foreign control.
Opening excerpt (first ~120 words) tap to expand
In Brief Posted: 8:44 AM PDT · May 26, 2026 Image Credits:Bryce Durbin / TechCrunch Zack Whittaker Dutch government blocks US company from acquisition, citing ‘risk to public interest’ The Dutch government has blocked American IT giant Kyndryl from acquiring Solvinity, a Dutch cloud provider that hosts the Netherlands’ online identity platform. The government in The Hague said the deal poses a possible “risk to the public interest.” Dutch minister for the digital economy Willemijn Aerdts said in a machine-translated letter published Monday that the government has imposed a “complete prohibition” on the acquisition. The deal would have allowed Kyndryl to buy Solvinity for an undisclosed sum.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.
Discussion
0 commentsMore from TechCrunch
