Dutch government bans US company from taking over, citing ‘risk to public interest’

The Dutch government has blocked the American IT giant, Kyndryl, from acquiring Solvinity, a Dutch cloud provider that hosts a Netherlands platform. The government in The Hague said the deal could be “a threat to society.”

Dutch minister for digital economy Willemijn Aerdts said machine translated letter published on Monday that the government has imposed a “total ban” on the purchase. The deal would allow Kyndryl to buy Solvinity for an undisclosed amount. Solvinity hosts a platform called DigiD, a service overseen by the Dutch government that allows citizens of the country to verify their identity when accessing public services.

The deal sparked fears that the deal could mean DigiD’s data would fall under foreign jurisdiction, and could be sought by US authorities.

Although the Dutch government did not give a clear reason for the ban on the purchase, the move comes as several European countries move to reduce their reliance on US technology giants during the Trump administration. unexpected escalation and retaliation.

US law they allow Government officials, including law enforcement and law enforcement, to require US companies to turn over data in foreign datacenters, regardless of the country’s data protection laws.

Politics first report story. Kyrdryl told the publication that the company was “deeply disappointed” by the decision.