US ‘disappointed’ after Netherlands blocks takeover of online ID platform

AI Summary

The U.S. expressed disappointment after the Dutch government blocked Kyndryl's planned acquisition of an online ID platform due to national security concerns. The decision highlights tensions surrounding foreign acquisitions in technology sectors between the U.S. and the Netherlands.

The U.S. said on Wednesday that it was “disappointed” in a decision by the Dutch government to block New York-based Kyndryl’s planned acquisition of a cloud services provider over concerns about national security. “We were disappointed by the Dutch government’s decision regarding the Kyndryl-Solvinity deal,” the U.S. Embassy in The Hague, Netherlands, said in a…