Kyndryl, a leading provider of mission-critical enterprise technology services, has entered into an agreement to acquire Solvinity Group B.V., a Netherlands-based provider of secure managed cloud platforms and services.
The acquisition will allow Kyndryl to expand its offerings in modernizing, securing, and automating sensitive workloads, combining Kyndryl’s advisory, implementation, and managed services with Solvinity’s private and hybrid sovereign cloud capabilities. The move aims to help customers meet data sovereignty requirements, enhance security, leverage AI, and innovate core operations.
Petra Goude, President of Kyndryl Strategic Markets, stated: “This transaction reflects our proactive investment in mission-critical capabilities as we empower customers to bolster security, respond to increasing regulatory requirements, and transform for a competitive and rapidly evolving landscape.”
The deal is subject to regulatory approvals and employee consultations, and financial terms were not disclosed.
About Kyndryl: Kyndryl provides IT infrastructure services in over 60 countries, helping organizations design, build, manage, and modernize complex information systems.
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