Downdetector and Speedtest have been sold for over $1 billion


The next time you check your internet speed or whether your favorite site is down, another company may be profiting. 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.

According to Reuters, the deal will allow Ziff Davis to focus on its core brands, including IGN, Mashable and Everyday Health. Brand consolidation appears to be the name of the game, as the company recently laid off some of Eurogamer‘s most experienced editors and its entire video team. That followed a rotation of editorial staff among Ziff Davis’s other gaming publications, which reduced VG247 to a small, two-person gaming guides site.

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.” (Can someone who speaks corporate translate, please?) The deal may take a few months to be finalized, and Ziff Davis will continue to operate Speedtest and Downdetector in the meantime.



Source link

  • Related Posts

    Activision silences trusted Call of Duty leaker

    One of the most trusted leakers for Call of Duty will no longer share confidential information about the gaming franchise after being hit with a cease and desist order. TheGhostOfHope…

    As Moon interest heats up, two companies unveil plans for a lunar “harvester”

    Starting smaller with FLIP This is not the first time the two companies have worked together. Last August, Interlune announced that it would fly a multispectral camera on a smaller…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    U.S. Takes Military Action in Ecuador Against ‘Terrorist Organizations’

    Multan Sultans to return to PSL with Sialkot Stallionz renaming

    Can an AI recruiter really spot a good carer?

    Can an AI recruiter really spot a good carer?

    Mother urges Canada to swiftly repatriate her son after reported transfer to Iraq

    Mother urges Canada to swiftly repatriate her son after reported transfer to Iraq

    Feds release Musqueam title agreements covering much of greater Vancouver

    Feds release Musqueam title agreements covering much of greater Vancouver

    Doug Ford's interest in Exhibition Place for new conference centre blindsides Toronto officials

    Doug Ford's interest in Exhibition Place for new conference centre blindsides Toronto officials