Public signal · 1-minute delayed

Signal brief

Source-backed market context you can read and share without an account.

SLBBullishM&Anews

High materiality8/10

SLB to Acquire Kelvion, Expanding Data Center Solutions and AI Infra

Aug 31, 2026, 6:53 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Announces a transformative asset expansion with accretive near-term EPS/FCF, supported by expected synergies and strong pro forma benchmarks; expected to recalibrate SLB's growth trajectory into AI-driven data-center markets.

AI summary

What happened, with direct paths to the underlying reporting

SLB announced the acquisition of Kelvion for about $3.4 billion in cash, plus roughly $0.7 billion of debt assumed, creating a larger data center solutions platform. Pro forma 2026 data-center revenue exceeds $2 billion with approximately $300 million EBITDA; 2028 targets are $4.5–5 billion in revenue and $700–$800 million EBITDA, supported by roughly $120 million in annual run-rate synergies.

SLB to acquire Kelvion for about $3.4B cash, with ~$0.7B debt assumed.
Expands SLB's Data Center Solutions with advanced thermal management and heat-exchange tech.
2026 pro-forma data-center revenue >$2B; 2028 EBITDA target $700–$800M.
Closing expected H1 2027 with ~120M annual EBITDA synergies within 3 years.

How to read this signal

Transparent limits for an AI-generated research aid

StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.

SLB to Acquire Kelvion, Expanding Data Center Solutions and AI Infra

SLB secures Bisat-B Expansion in Oman; 548k bpd capacity and 4-year O&M

Rising oil capex and crack spreads position SLB for multi-quarter uplift

SLB expands AI data-center footprint with Kelvion acquisition

SLB secures PDVSA data access, signaling potential Venezuelan project upside