Tuesday, 02 January 2024 12:17 GMT

Kyndryl Strengthens Cloud Security With Solvinity Deal


(MENAFN- The Arabian Post)

Kyndryl, a leading IT services provider, has announced its acquisition of Solvinity Group, a prominent Dutch cloud services company known for its expertise in secure managed and hybrid cloud environments. This strategic move, pending regulatory approval, will significantly enhance Kyndryl's ability to deliver cutting-edge cloud solutions, with a particular focus on strengthening its security offerings.

Solvinity, founded in 2000, has built a strong reputation for its secure cloud services, specialising in providing organisations with reliable and resilient cloud infrastructures. The company's portfolio includes managed services, cloud migration, and hybrid cloud solutions, designed to meet the growing demand for highly secure and scalable digital environments. With this acquisition, Kyndryl is set to bolster its position in the competitive cloud market, offering clients advanced security measures that are essential as businesses face increasing cyber threats and regulatory pressure.

The deal reflects Kyndryl's broader strategy of expanding its cloud capabilities, which is part of the company's ongoing transformation since its spin-off from IBM in 2021. By integrating Solvinity's specialised security-focused offerings, Kyndryl aims to provide a comprehensive suite of cloud services that cater to the evolving needs of enterprises in sectors such as finance, healthcare, and government. These sectors, in particular, require robust security to protect sensitive data and ensure compliance with stringent regulations.

For Kyndryl, the acquisition aligns with its ambition to become a dominant player in the global cloud services market. The company has been progressively enhancing its portfolio of cloud infrastructure services, focusing on both public and private cloud environments. With cyber threats becoming more sophisticated, businesses are seeking cloud partners who can not only manage their infrastructure but also ensure that it is protected against a wide range of security risks.

See also iPhone Air 2 to Feature Dual 48MP Camera System

Kyndryl's decision to acquire Solvinity is expected to provide a major boost in this area. Solvinity's deep expertise in secure cloud solutions, combined with Kyndryl's expansive global reach, will allow the combined entity to offer an unmatched level of security in its cloud services. The addition of Solvinity's advanced security technologies will help Kyndryl differentiate itself in the crowded cloud market, where businesses are looking for partners who can provide tailored, secure solutions.

One of the key aspects of the acquisition is Solvinity's strong presence in the European market. The Netherlands-based company has cultivated a loyal customer base by focusing on highly secure and compliant cloud environments, a factor that is becoming increasingly important as more companies adopt cloud technologies. With a growing emphasis on data sovereignty and privacy regulations, particularly in Europe, Kyndryl's acquisition of Solvinity will enable it to offer better compliance and security guarantees to clients operating within the EU.

As part of the transaction, Kyndryl will integrate Solvinity's existing client relationships and technological infrastructure into its broader cloud strategy. The company has stated that it will continue to offer Solvinity's services under the Solvinity brand, allowing existing clients to benefit from the enhanced capabilities provided by Kyndryl. The transaction is expected to be finalised once regulatory approvals are secured, after which Kyndryl will leverage Solvinity's expertise to drive growth in its cloud security division.

The acquisition underscores the increasing importance of secure cloud solutions in today's digital landscape. As cyberattacks grow in frequency and sophistication, businesses are turning to trusted partners to help them secure their cloud environments. By acquiring Solvinity, Kyndryl is positioning itself as a leader in the secure cloud services market, catering to enterprises looking for robust, compliant cloud solutions that can withstand the growing range of cyber threats.

See also AtlasEdge Wins €253 m for Lisbon Expansion

Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.

MENAFN07112025000152002308ID1110309784



The Arabian Post

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search