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Allied Universal

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business1 hour ago•2 min saved

SoftBank Eyes $30B Allied Universal Takeover to Fuel Robotics Strategy

SoftBank is in early-stage talks to acquire Allied Universal, the world’s largest private security firm, in a deal potentially valued at $30 billion. The move aims to integrate AI-driven robotics into physical security operations, leveraging Allied’s massive workforce and data center contracts. While the deal could accelerate SoftBank’s robotics ambitions, it faces scrutiny due to rising financing costs and broader market skepticism over AI infrastructure investments.

via Financial Times|

#allied-universal #business #masayoshi-son

technology1 month ago•4 min saved

Anthropic Shifts SF Staff to Remote Work Amid Security-Strike Uncertainty

Anthropic told its San Francisco employees to work from home Monday and Tuesday after its security staffing firm warned of a possible strike; Allied Universal did not comment, while SEIU said there had been no strike vote and is in protracted negotiations with Allied and other California security firms; Anthropic declined to comment on the stay-at-home mandate as it pursues an IPO amid rising security concerns in the tech sector.

via Business Insider|

#allied-universal #anthropic #san-francisco

business3 years ago•2 min saved

Walgreens Ends Partnership with Security Firm Following Banko Brown Shooting

Walgreens has ended its relationship with the security guard company whose employee shot and killed 24-year-old Banko Brown in a San Francisco store last month. The decision was made after the incident, which has become a flashpoint over how San Francisco deals with property crime. The security firm, Kingdom Group Protective Services, had been subcontracted by Allied Universal Security Services to work security at Walgreens. The loss of the contract will have a detrimental effect on Kingdom Group's staff of roughly 200.

via The San Francisco Standard|

#allied-universal #business #san-francisco