US ‘disappointed’ after Netherlands blocks takeover of online ID platform

US ‘disappointed’ after Netherlands blocks takeover of online ID platform

The U.S. said Wednesday that it was “disappointed” in a decision by the Dutch government to block New York-based Kyndryl’s planned acquisition of a cloud services provider over concerns about national security. “We were disappointed by the Dutch government’s decision regarding the Kyndryl-Solvinity deal,” the U.S. Embassy in The Hague, Netherlands, said in a statement.…

The Netherlands just blocked a US company from buying the app Dutch citizens use for everything

As far as technology is concerned, US and Europe are growing apart at an accelerated rate. EU authorities are working to build their own digital sovereignty, while member states are now actively pushing foreign buyers away when it comes to local service providers.Read Entire Article

Dutch block US tech takeover amid Trump 'blackmail' fears

Netherlands blocks US takeover of Digital ID provider

A coalition of Dutch journalists, technology experts, scientists and the privacy organisation Privacy First sued the government to block renewal of its contract with Solvinity. Source

Netherlands blocks Kyndryl’s Solvinity acquisition

The Netherlands has blocked Kyndryl’s proposed acquisition of Dutch cloud provider Solvinity, citing a risk to public interest.

Dutch government blocks sale of DigiD operator Solvinity to US tech firm due to data security concerns

Government acts after warnings about cross-border data exposure