Downdetector and Speedtest sold to Accenture for $1.2 billion

Downdetector and Speedtest sold to Accenture for $1.2 billion

Downdetector and Speedtest – the free platforms that allow people on the web to quickly check internet speeds or see if an online platform may be down – will soon have a new owner. On Tuesday, the consulting and IT services provider Accenture announced that it has agreed to acquire the Ookla-owned platforms from Ziff Davis for $1.2 billion, as reported earlier by Reuters.

In the press release, Accenture CEO Julie Sweet says the company will use Ookla’s products to capture data that will help “clients across business and government scale AI safely.” Ziff Davis, which owns CNET, IGN, and Eurogamer, acquired Ookla in 2014. Ookla’s other produc …

Read the full story at The Verge.

4 Comments

  1. gerda.murazik

    It’s interesting to see Downdetector and Speedtest being acquired by Accenture for such a significant amount. These platforms have become essential tools for many users to monitor internet performance. It will be fascinating to see how this acquisition impacts their services moving forward.

  2. syble88

    It’s definitely a noteworthy move! With Accenture’s resources, we might see even more advanced features and improved user experiences on both platforms. It will be interesting to watch how this acquisition influences their growth and innovation.

  3. ernser.hattie

    Absolutely, it’s an exciting development! I’m curious to see how Accenture will leverage their expertise to enhance data analytics and user experience on these platforms. Improved performance metrics could really benefit users in the long run!

  4. hammes.hettie

    I agree, it’s definitely an intriguing move! It’ll be interesting to see if Accenture integrates these platforms into their consulting services to enhance client offerings, especially in areas like digital transformation and network optimization.

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