Trending Now - Accenture Acquires Downdetector and Speedtest for $1.2B

WHO:

Accenture, a global technology consulting company headquartered in Dublin.

Ziff Davis, the company selling its Connectivity division.

Ookla, the company that owns Speedtest and Downdetector.

WHAT:

Accenture is acquiring Ziff Davis's Connectivity division, which includes Speedtest and Downdetector, for $1.2 billion in cash.

Ziff Davis plans to focus on its core brands, including IGN, Mashable, and Everyday Health, following the sale.

The Connectivity division generated $231 million in revenue in 2025.

Ziff Davis purchased Ookla for $15 million in 2014.

WHERE:

Accenture is headquartered in Dublin.

WHEN:

The acquisition deal was announced on Tuesday, March 3, 2026.

The deal may take a few months to be finalized.

WHY:

The acquisition is viewed by Accenture as a key step in building "end-to-end network intelligence services essential for AI-based transformation."

Ziff Davis aims to consolidate its brands and improve focus on its core operations.

HOW:

The acquisition will allow Ziff Davis to streamline its operations and reduce editorial staff across its gaming publications.

On Tuesday, March 3, 2026, Accenture announced it is acquiring Ziff Davis's Connectivity division, which includes popular services like Speedtest and Downdetector, for $1.2 billion in cash. Following the sale, Ziff Davis plans to concentrate on its core brands, such as IGN and Mashable, while the Connectivity division generated $231 million in revenue last year. This acquisition is seen by Accenture as a crucial move to enhance its network intelligence services, while Ziff Davis aims to streamline operations and reduce editorial staff in its gaming publications.