Netherlands blocks US takeover of vital digital supplier
4 hours ago
- #Cybersecurity
- #Digital Sovereignty
- #Foreign Acquisition
- Dutch government blocks U.S. firm Kyndryl from acquiring Dutch IT supplier Solvinity.
- Solvinity operates the DigiD app, crucial for citizens' online authentication in the Netherlands.
- Acquisition raised concerns about foreign control over key digital infrastructure and Europe's reliance on U.S. technology.