Kelvion

Texas-Based SLB Acquires Thermal Tech Company Kelvion Amid Data Center Expansion

Texas-based SLB (formerly Schlumberger) has acquired Kelvion, a thermal management company, to expand its presence in the data center industry, projecting significant revenue growth in this sector. The acquisition comes amidst ongoing discussions and scrutiny in Texas regarding data centers' water and electricity consumption, involving state officials and federal politicians.