SoftBank Considers Allied Universal Deal Valued at About $18 Billion
The preliminary discussions could link SoftBank’s robotics push with a security services provider that works with data centers.
Key takeaways
- SoftBank is considering acquiring Allied Universal in a deal valued at about $18 billion.
- The deliberations are preliminary, and no final decisions have been made.
SoftBank Group is considering acquiring Allied Universal in a deal that could value the U.S. security services provider at about $18 billion, a source familiar with the matter said Friday.
The discussions are preliminary, and no final decisions have been made, including on a potential price. SoftBank declined to comment, while Allied Universal did not immediately respond to a request for comment.
Allied Universal provides security staffing for businesses, venues and major events. It also has a growing presence in data centers, supporting facility development and operations.
SoftBank may eventually seek to replace some security staff with robots for certain tasks, though humanoid security workers are likely to take longer to deploy.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
