Accenture to Acquire Ookla's Downdetector and Speedtest for $1.2B
TL;DR Summary
Accenture is buying Ziff Davis's Connectivity division, which runs Downdetector and Speedtest (Ookla), for about $1.2 billion in cash. The move lets Ziff Davis focus on its core brands (IGN, Mashable, Everyday Health) while Accenture adds end-to-end network intelligence capabilities for AI-driven transformation. Downdetector and Speedtest will continue to operate under Ziff Davis during the transition, and the deal may take several months to finalize; Ookla’s growth in part came from 5G rollout and pandemic-era bandwidth demand.
- Downdetector and Speedtest have been sold for over $1 billion Engadget
- Ziff Davis to Sell Connectivity Division to Accenture for $1.2 Billion WSJ
- Ziff Davis to sell Ookla and Downdetector to Accenture as part of $1.2 billion deal Reuters
- Accenture to Acquire Ookla to Strengthen Network Intelligence and Experience with Data and AI For Enterprises Accenture
- Downdetector, Speedtest sold to IT service provider Accenture in $1.2B deal Ars Technica
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