SLB Acquires Kelvion for $3.4 Billion to Expand AI Data Center Business
Deals·2 articles across 2 outlets
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SLB, one of the largest providers of oil field support services, is expanding its data center business after acquiring a provider of cooling systems.
The world’s largest oilfield services company is spending $3.4 billion to expand into the infrastructure behind the AI power boom. SLB said Monday it will acquire German cooling equipment maker Kelvion, more than doubling the revenue opportunity per gigawatt of delivering capacity, according to the
SLBKelvion
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“SLB, one of the largest providers of oil field support services, is expanding its data center business after acquiring a provider of cooling systems.”
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