Kyndryl Announces Agreement to Purchase Cloud-Services Provider Solvinity
Rhea-AI Summary
Kyndryl (NYSE: KD) on Nov 5, 2025 entered into an agreement to acquire privately held Solvinity, a Netherlands-based provider of secure managed private and hybrid sovereign cloud platforms and services. The acquisition is intended to broaden Kyndryl's portfolio for modernizing, securing and automating sensitive workloads and to help customers meet evolving data sovereignty and regulatory requirements. Terms were not disclosed. Closing remains subject to customary conditions, regulatory approval and required consultation with employee representatives.
Positive
- Agreement announced Nov 5, 2025 to acquire Solvinity
- Adds private and hybrid sovereign cloud capabilities
- Strengthens security and compliance offerings for sensitive workloads
Negative
- Terms undisclosed; financial impact unknown
- Closing subject to regulatory approval and employee consultation
News Market Reaction
On the day this news was published, KD declined 4.70%, reflecting a moderate negative market reaction. Argus tracked a trough of -5.9% from its starting point during tracking. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $297M from the company's valuation, bringing the market cap to $6.01B at that time.
Data tracked by StockTitan Argus on the day of publication.
Will broaden Kyndryl's portfolio, enabling customers to modernize, innovate and secure sensitive workloads
"Kyndryl's acquisition of Solvinity will enable us to offer customers expanded services in modernizing, innovating and securing sensitive and complex workloads," said Petra Goude, President of Kyndryl Strategic Markets. "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."
By combining Kyndryl's mission-critical advisory, implementation and managed services capabilities with Solvinity's private and hybrid sovereign cloud offerings, Kyndryl is continuing to innovate how customers manage, secure and automate workloads. These expanded capabilities will support customers in running highly sensitive workloads with stringent security and compliance requirements in navigating evolving regulations on data sovereignty. Customers will benefit from an enhanced portfolio of security capabilities, cloud platform services, AI enablement and Kyndryl's team of experts with deep national and international certifications, allowing them to innovate and focus on their core business.
Terms of the transaction were not disclosed. Closing of the transaction is subject to customary closing conditions including regulatory approval and the required consultation with employee representatives.
About Kyndryl
Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "objectives," "opportunity," "plan," "position," "predict," "project," "should," "seek," "target," "will," "would" and other similar words or expressions or the negative thereof or other variations thereon. All statements other than statements of historical fact, including without limitation statements concerning the Company's plans, objectives, goals, beliefs, business strategies, future events, business condition, results of operations, financial position, business outlook and business trends and other non-historical statements, are forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties, including those described in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K, and may be further updated from time to time in the Company's subsequent filings with the Securities and Exchange Commission.
Investor contact:
investors@kyndryl.com
Media contact:
press@kyndryl.com
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SOURCE Kyndryl
FAQ
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