Media statement: Solvinity acquisition decision

We are extremely disappointed by the Netherlands’ government decision to prohibit Kyndryl’s acquisition of Solvinity. Since announcing the proposed transaction, Kyndryl has consistently engaged in good faith with relevant stakeholders across the Netherlands’ government. Despite this engagement and our long history of managing mission-critical operations in the Netherlands, the politicization of this process has overshadowed the clear and important benefits this transaction would have brought to Solvinity’s customers and Dutch citizens.

Notwithstanding this outcome, our team will continue to support our customers in the Netherlands as they modernize legacy systems, keep pace with rapid advances in technology and do so securely and at scale. We will continue to bring our proprietary agentic AI methodologies to regulated and non-regulated customers across the Netherlands. Our team will, as they always have, operate with trust and dedication to the highest standards of mission-critical services, security, compliance, data protection and innovation.

We are grateful to our Kyndryl Netherlands employees. They have exemplified professionalism and commitment to our customers and each other throughout this process.