Infomaniak transitions to a foundation model to protect user data privacy
15 hours ago
- #sustainable technology
- #digital sovereignty
- #corporate governance
- Infomaniak founder transferred majority voting rights to a Swiss public-interest foundation on May 20, 2026, ensuring the company's independence and commitment to privacy, environmental responsibility, and local roots.
- The Infomaniak Foundation holds special, non-transferable shares that provide a permanent blocking power against takeovers and enforces a Shareholding Charter with 9 unchangeable principles, including digital sovereignty, privacy, and environmental responsibility.
- The foundation has a dual role: as a public-interest entity funding projects in digital sovereignty, ethical tech, environment, and energy transition with up to 5% of annual profits, and as a silent guardian ensuring Infomaniak adheres to its core values.
- Corporate governance was strengthened with independent board members and committees, while operational control remains with the existing management team, ensuring no changes for customers in services, data handling, or contracts.
- Infomaniak's history since 1994 highlights its pioneer role in democratizing internet access, environmental initiatives like energy-efficient data centers, and commitment to 100% Swiss operations without outsourcing, contrasting with industry trends.