[Dutch Government Blocks U.S. Company from Acquiring Cloud Service Provider Solvinity] BlockBeats News, May 26, according to Bloomberg, the Dutch government has blocked the proposed acquisition of Dutch cloud service provider Solvinity Group BV by U.S. company Kyndryl, citing security concerns. Dutch Minister for Digital Economy Willemijn Aerdts stated in a letter to parliament on Tuesday: 'The proposed acquisition of Solvinity could pose a risk to public interests.' She also announced a 'complete prohibition' on the transaction, which was originally nearing its final stages. [Original Link]