Infomaniak transitions to a foundation model to protect user data privacy

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TLDR

  • Infomaniak founder transferred majority voting rights to a Swiss public-benefit foundation on May 20, 2026, making hostile takeover structurally impossible.

Key Takeaways

  • The Infomaniak Foundation holds special shares with permanent blocking power that cannot be transferred, preventing any acquisition without foundation approval.
  • A notarized Shareholding Charter enshrines 9 principles including privacy (data used only to deliver requested service, AI training opt-in only), digital sovereignty, and environmental responsibility.
  • 36 employee-shareholders unanimously accepted reduced voting rights; the company has zero external investors and remains bootstrapped.
  • Foundation is funded by up to 5% of annual profit and supports projects like DebConf, 42 Lausanne, and Agent Green.
  • Bosch, Zeiss, Bertelsmann, Rolex, and Victorinox use similar foundation models; Infomaniak claims to be the first European cloud provider to do so.

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