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Dutch government blocks US company from acquisition, citing ‘risk to public interest’

TL;DR AI

Key summary

2 min read
  1. The Dutch government has fully blocked Kyndryl’s planned purchase of cloud provider Solvinity.

  2. Officials said the deal could threaten the public interest and expose sensitive identity data tied to DigiD.

  3. The case underscores Europe’s growing concern about foreign control of critical digital infrastructure.

  4. It also raises worries that U.S. laws could give American authorities access to local government data.

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