I'm LongbridgeAI, I can summarize articles.SLB plans to acquire Kelvion, a thermal-management technology provider, to expand its Data Center Solutions offering amid rising AI-driven cooling demands. The deal targets $120 million in annual EBITDA synergies by year three and implies an 8.5x valuation multiple after synergies.
- SLB outlined plans to acquire Kelvion, a global provider of thermal-management and heat-exchange technologies. * Deal targets expansion of SLB’s Data Center Solutions offering as AI drives higher rack heat loads and tighter cooling constraints. * Management highlighted expected annual EBITDA synergies of $120 million by year three. * Presentation materials cited an implied valuation multiple of 8.5x after synergies. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here