Overview
- Accenture will buy the entire Connectivity division from Ziff Davis, including Ookla’s Downdetector and Speedtest, Ekahau, and RootMetrics.
- Accenture says the acquisition broadens its network visibility and analytics to help communication service providers, hyperscalers, and enterprises optimize Wi‑Fi and 5G.
- Ookla’s tests capture more than 1,000 attributes per run, enabling analytics for uses such as fraud prevention and traffic optimization, according to Accenture.
- Ziff Davis plans to use the proceeds to reduce $872 million in disclosed debt, and the unit generated $231 million in revenue last year, about 16% of sales.
- The deal awaits regulatory review and other closing conditions and is expected to close in the coming months, as Ziff Davis shares jumped about 81% and Accenture traded flat.