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Dutch Block $115M Kyndryl-Solvinity Deal Over Data Risks

6/10/2026

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Summary

Story summary

Dutch regulators halted Kyndryl’s $115 million purchase of Solvinity because of forced data-sharing risks.
Solvinity provides services for the Netherlands’ national ID system.
U.S. President Donald Trump’s diplomats urged Dutch officials to approve the deal.
Regulators warned that U.S. officials could compel Kyndryl to access sensitive government data.
The decision reflects growing European mistrust of U.S. technology.

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Story summary

Dutch regulators halted Kyndryl’s $115 million purchase of Solvinity because of forced data-sharing risks.
Solvinity provides services for the Netherlands’ national ID system.
U.S. President Donald Trump’s diplomats urged Dutch officials to approve the deal.
Regulators warned that U.S. officials could compel Kyndryl to access sensitive government data.
The decision reflects growing European mistrust of U.S. technology.