# SLB agrees $3.4 billion cash deal for data-center cooling provider Kelvion

_Published Monday, August 31, 2026 at 8:06 AM EDT · Infrastructure · Latest · Tier 2 — Notable_

SLB said it agreed to acquire Kelvion, a provider of data-center cooling solutions, from investors including Apollo Funds for $3.4 billion in cash. The announcement identifies a transaction agreement, but the supplied summary gives neither a closing timetable nor other deal terms.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-08-31/slb-to-buy-data-center-cooling-firm-kelvion-for-3-4-billion)

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Canonical: https://techandbusiness.org/newswire/lsafhP9gIe978uFyBq1roD
Published: 2026-08-31T12:06:59.226Z
Story chronology: 2026-08-31T11:06:08.000Z
Retrieved: 2026-10-15T22:52:29.563Z
Publisher: Tech & Business (techandbusiness.org)