Dutch Government Blocks Kyndryl's Acquisition of Solvinity Over Data Sovereignty Concerns
The Dutch government has blocked the acquisition of Solvinity, a Dutch cloud service provider, by the American IT company Kyndryl. The decision was made due to concerns that the acquisition could pose a risk to public interests, particularly regarding the control of sensitive data. Solvinity manages the DigiD platform, which is used by Dutch citizens for identity verification when accessing government services. The Dutch Minister of Digital Economy, Willemijn Aerdts, announced a full ban on the acquisition, citing fears that DigiD data could fall under foreign control and be subject to U.S. law enforcement demands. This move aligns with a broader European trend to reduce reliance on U.S. tech companies.