Netherlands blocks acquisition of DigiD service provider Solvinity by US firm Kyndryl (heise.de)
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- Dutch government bans Solvinity acquisition by Kyndryl.
- Solvinity operates the national DigiD identity app.
- Ban based on BTI review under telecommunications law.
"The Dutch government has prohibited the acquisition of IT service provider Solvinity by US-based Kyndryl. Solvinity operates core parts of the national digital identity platform DigiD. The decision followed a review by the Bureau Toetsing Investeringen (BTI) under telecoms law. State Secretary Willemijn Aerdts informed parliament in a letter. Kyndryl criticized the move as politicized. The European Commission is expected to present a tech sovereignty package in early June."
#DigiD
#US acquisition
#investment screening
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