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Wire · market

SLB Expands Data Center Business With $3.4 Billion Deal for Kelvion

31 August 2026 · By · Wire by Fusion42

Published

31 August 2026

Topic

market

◆ Sectors

Data InfrastructureClean Energy

◆ Source

Read at energynow.com →

◆ Verified

Fusion42 · 1 September 2026 · Fusion42 review

SLB has acquired Kelvion for $3.4 billion to expand its data center cooling solutions business, aiming to strengthen its foothold in a growing market for energy-efficient data center infrastructure.

This Wire brief sits within Fusion42's coverage of Data Infrastructure and Clean Energy, and 2 sources have reported it.

◆ ◆ The Wire takeaway

SLB's move signals a rising demand for specialised cooling tech in data centers, opening a new field for founders focused on energy-efficient industrial solutions. You can now target gaps in data center thermal management where these giants are doubling down.

◆ Coverage

2 sources · 31 Aug 2026

◆ Related on Wire

◆ Topics

Data InfrastructureClean Energyacquisitiondata-centercooling-solutionsinfrastructure-expansion