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Dutch Government Blocks Kyndryl's Acquisition of Cloud Provider Solvinity on May 26 Over Security Concerns

GateNews

2026-05-26 13:26:32

According to Bloomberg, on May 26, the Dutch government blocked U.S.-based company Kyndryl's proposed acquisition of Dutch cloud service provider Solvinity Group BV, citing security risks. Dutch Digital Economy Minister Willemijn Aerdts announced the "complete prohibition" of the deal in a letter to parliament on Tuesday, stating that the acquisition "may pose a risk to the public interest." The transaction was in its final stages before the halt.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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