Event
SoftBank considers roughly $18 billion acquisition of Allied Universal, plans to introduce robots to replace security personnel
1 reports · 1 sources
According to people familiar with the matter, SoftBank Group is considering acquiring U.S. security services provider Allied Universal; if the deal is reached, the latter could be valued at approximately $18 billion. It is currently still at the consideration stage, and no deal has been finalized. SoftBank's plan is to gradually introduce robots after the acquisition to replace human labor in some security positions; however, SoftBank also noted that the deployment of humanoid security robots may take longer.
Report timeline
- SoftBank Group considers acquiring US security services provider Allied Universal
SoftBank Group is considering acquiring US security services provider Allied Universal. If the deal is reached, the latter's valuation could reach about 18 billion USD. SoftBank plans to gradually introduce robots in the future through the acquisition to replace some human security positions, but the deployment of humanoid security robots may take longer.
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