Japan’s SoftBank Group is exploring a potential acquisition of U.S. security services provider Allied Universal in a transaction that could value the company at about $18 billion. Allied Universal provides security staffing for businesses, venues, and major events, and has a growing presence in the data centre industry, supporting both facility development and operations. SoftBank is also exploring AI-powered robots across industries.
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SoftBank is widely known for making large technology investments through its Vision Fund. It was an early investor in Alibaba, owns a majority stake in Arm, and was a major backer of the Office-sharing startup WeWork. Allied Universal has expanded its technology offerings to include AI- powered monitoring, real-time data collection, and GPS tracking. Earlier this month, SoftBank completed the final instalment of a planned $30 billion investment in OpenAI. The pace of automation would also depend on the capabilities of available robotics systems, implementation costs, and the operational requirements of security work.
