Statement intended acquisition by Kyndryl

Last week, Solvinity announced its intended acquisition by Kyndryl Netherlands, a leading provider of technology services for enterprises. The acquisition will provide the strength to continue innovating in the management, security, and automation of IT environments and will help our customers meet the ever-increasing demands that governments and clients place on data security, ensuring it is adequately protected in the future as well.

Over the past week, Solvinity has personally informed its largest customers about this development. “We are aware of the questions that exist in the market,” says Solvinity CEO Daniëlle Schuur. “There will be no impact on the services we provide to our customers. We are in constructive dialogue with governments and other clients to provide further clarification about the proposed acquisition.”

The technology services of Solvinity and Kyndryl Netherlands meet the highest standards in security, compliance, and innovation for customers in sectors such as banking, defense, and industry. The services are SOC I and II certified, comply with the European Digital Operational Resilience Act (DORA) and the Network and Information Security Directive 2 (NIS-2). Customers concerned are also supervised by the Dutch Authority for the Financial Markets (AFM). Solvinity and Kyndryl Netherlands have a duty to maintain data privacy protection and to comply with Dutch legislation and GDPR.

The Solvinity transaction is subject to customary closing conditions including regulatory approval and the required consultation with employee representatives.