SLB Buys Kelvion in $4.1B Data Center Cooling Expansion Deal


SLB Buys Kelvion in $4.1B Data Center Cooling Expansion Deal

📅 - Global technology company SLB has agreed to acquire German thermal management specialist Kelvion in a $4.1 billion transaction, extending the oilfield technology group deeper into data center infrastructure as AI facilities strain power and cooling systems. The deal gives SLB a cooling business, but exposes it to a market where capacity forecasts, construction schedules, and capital intensity are moving fast.

The acquisition is an unusually direct move by SLB into equipment sitting inside one of the more difficult parts of the AI infrastructure buildout.

Cooling has become less peripheral as rack densities rise. SLB already has a data center business built around modular manufacturing, [...][... Check source for end of article ...]
Tags: Data Center

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