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SLB to Buy Data Center Cooling Firm Kelvion for $3.4 Billion

BloombergView source article

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SLB acquires data center cooling firm Kelvion for $3.4 billion

SLB agreed to acquire German cooling equipment maker Kelvion from investors including Apollo Global Management for $3.4 billion in cash to expand into data center services.

Aug 31, 2026·4 sourcesAI compute & environmental impactCompute, chips & AI infrastructureAI Data Center Gold Rush
SLB acquires data center cooling firm Kelvion for $3.4 billion
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Other sources for this story

The Wall Street Journal

SLB to Buy Data Center Cooling Firm Kelvion for $4.1 Billion

Tech Times

SLB Acquires Kelvion for $4.1B: Air Cooling Fails AI Math, Oilfield Engineers Win

Reuters

SLB expands data center business with $4.1 billion deal for Kelvion

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