EconomySLB expands data center business with $3.4 billion Kelvion deal
SLB said Monday it will buy cooling equipment maker Kelvion from Apollo Global and funds managed by Triton for $3.4 billion in cash. The acquisition expands SLB’s data center business as rapid AI adoption boosts demand for power and cooling infrastructure.
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Reuters★★☆☆☆2026-08-31 15:10Original
SLB expands data center business with $3.4 billion Kelvion deal
Economy