SLB Eyes Rapid Data Center Growth Through $3.4 Billion Kelvion Deal
SLB shares rise after agreeing to acquire Kelvion for $3.4 billion, expanding its data center infrastructure business and thermal management capabilities.
SLB is buying a company called Kelvion for $3.4 billion to get better at building and cooling data centers. When a company spends big money to grow, watch if they actually build those data centers fast and if customers like what they make.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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