SoftBank Reportedly Considering Allied Universal Acquisition

A potential deal could value Allied Universal at approximately $18 billion, although discussions remain preliminary, according to Reuters.

SoftBank is considering acquiring Allied Universal, according to Reuters, citing an unnamed source with knowledge of the matter.

The potential deal could place Allied Universal's valuation at approximately $18 billion, Reuters reported.

The discussions remain preliminary, with no final decision made on the transaction or potential price, according to Reuters. Bloomberg News initially reported the potential transaction.

Reuters reported that SoftBank could eventually seek to use robots for some duties currently performed by employees, although deploying humanoid security robots would take longer.

Allied Universal supplies security personnel for commercial properties, event venues and other businesses. Its work also extends to data centers during construction and ongoing operations, Reuters reported.

Security Today has reached out to Allied Universal and SoftBank for comment.

About the Author

Chelsey Arries is assistant editor of Security Today, Campus Security Today, Occupational Health & Safety and Environmental Protection Online.

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