"Ziff Davis bought Ookla for $15 million in 2014. Reuters notes that the division seized on the 5G rollout and a surge in pandemic-driven bandwidth demand to boost its impressive return on the investment. (Connectivity generated a whopping $231 million in 2025.)"
"Accenture is a global technology consulting company headquartered in Dublin. The company views the acquisition as a key step in building "end-to-end network intelligence services essential for AI-based transformation.""
"On Tuesday, Ziff Davis announced that it sold its Connectivity division, which includes Ookla's Speedtest and Downdetector, to Accenture. The deal is worth $1.2 billion in cash."
Accenture has purchased Ziff Davis's Connectivity division for $1.2 billion in cash, which includes the popular services Speedtest and Downdetector. Ziff Davis acquired Ookla for $15 million in 2014 and grew the division significantly, generating $231 million in revenue by 2025, capitalizing on 5G rollout and pandemic-driven bandwidth demand. The sale allows Ziff Davis to concentrate on core brands including IGN, Mashable, and Everyday Health. Accenture, a Dublin-headquartered technology consulting firm, views this acquisition as essential for developing end-to-end network intelligence services for AI-based transformation. The transaction is expected to finalize within several months, with Ziff Davis continuing to operate both services during the interim period.
#accenture-acquisition #speedtest-and-downdetector #network-intelligence-services #ai-transformation #technology-consulting
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