Kyndryl to buy cloud-services provider Solvinity

[Cloud computing technology and online data storage for business network concept.]
Blue Planet Studio

* Kyndryl (KD [https://seekingalpha.com/symbol/KD]) to acquire privately held Solvinity Group B.V., a provider of secure managed cloud platforms and services in the Netherlands, it said on Wednesday.
* Terms of the transaction were not disclosed.
* "Kyndryl's (KD [https://seekingalpha.com/symbol/KD]) 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.

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