Netherlands: Regime blocks US company’s takeover of vital digital supplier

Source: Politico

“The Dutch government is blocking a United States-based company’s attempts to acquire a key online identification IT supplier. Dutch firm Solvinity runs a platform for the country’s DigiD app, which allows the country’s citizens to authenticate themselves online when they want to book a doctor’s appointment, buy a house or interact with public authorities. In November, U.S.-based Kyndryl announced it would acquire Solvinity, triggering concerns that a key Dutch online identification tool would fall under foreign control. Across Europe, there have been increased concerns about the bloc’s reliance on U.S. technology. … The decision comes a week before the European Commission is set to unveil its tech sovereignty package, a set of proposals to reduce Europe’s reliance on foreign technology in the areas of cloud, microchips and AI.” (05/26/26)

https://www.politico.eu/article/netherlands-blocks-us-takeover-vital-digital-supplier