Infomaniak Transfers Majority Voting Rights to Foundation to Lock in Swiss Cloud Independence

On 13 May 2026, Infomaniak founder Boris Siegenthaler transferred the majority of the company's voting rights to the Infomaniak Foundation, a Swiss public-interest foundation. This irrevocable move places the cloud provider beyond the reach of any takeover, ensuring its Swiss hosting and data privacy commitments are permanent.

The foundation now holds special shares that carry majority voting rights, are non-transferable, and give the foundation permanent blocking power over any change of control. Siegenthaler and 36 employee-shareholders (collectively holding 25% of capital) unanimously approved the transfer, reducing their own voting power accordingly. Infomaniak has no external investors.

The foundation serves two roles:

• Public-interest mission — supports independent projects in digital sovereignty and education, ethical technology, environment and biodiversity, and energy transition. Funded by up to 5% of Infomaniak's annual profit. Past beneficiaries include DebConf, 42 Lausanne coding school, and Agent Green environmental NGO.
• Reference shareholder — a silent guardian ensuring Infomaniak remains true to its founding commitments. It makes no operational decisions but can veto any attempted takeover or value shift through a Shareholding Charter with 9 principles.

The foundation's board comprises four volunteer members, and it operates under Swiss cantonal supervision (Geneva). The legal structure is one of the most demanding under Swiss law — a foundation recognised as serving the public interest, with statutes signed before a notary and ongoing state oversight.

Siegenthaler's original plan was gradual employee-ownership, but that left the company vulnerable if multiple employees left simultaneously (forcing costly share buybacks) or if he died (heirs without operational knowledge could be approached by investors). The accelerated AI landscape, takeovers of European cloud providers, and strengthening extraterritorial legislation made the shift urgent. With millions of individuals and hundreds of thousands of businesses entrusting Infomaniak with sensitive data, the foundation provides an anchor point that no longer depends on any single person.