Topic analysis

Infomaniak transitions to a foundation model to protect user data privacy

On May 20, 2026, Swiss cloud provider Infomaniak completed the transfer of majority voting rights from founder Boris Siegenthaler to the Infomaniak Foundation, a public-interest Swiss entity, to permanently protect its commitments to data privacy, environmental responsibility, local roots, and independence from takeovers. The Foundation holds permanent blocking power over corporate changes, enforces a 9-principle Shareholding Charter to preserve Infomaniak's core values, funds public-interest projects with up to 5% of annual profits, and allows the company to safely open its capital to aligned investors to expand its sovereign European cloud without compromising its mission.