Accenture Acquires Speedtest and Downdetector in $1.2B Deal
IT giant Accenture buys Ookla's network monitoring tools, including Speedtest and Downdetector, for $1.2 billion, expanding its capabilities in optimizing critical Wi-Fi and 5G networks.
Accenture, a leading IT consultant and services provider, has announced a $1.2 billion acquisition of Speedtest and Downdetector from Ziff Davis. The move aims to integrate Ookla's data products into Accenture's offerings, helping communications service providers, hyperscalers, government entities, and other customers optimize their mission-critical Wi-Fi and 5G networks.
Ookla's platform also includes Ekahau, which offers tools for troubleshooting and designing wireless networks, and RootMetrics, which monitors mobile network performance. Accenture plans to leverage these capabilities to enhance its own solutions and better serve its diverse client base.
{{IMAGE_PLACEHOLDER}}The acquisition reflects Accenture's strategic focus on strengthening its position in the rapidly evolving telecommunications and network optimization space. By integrating Ookla's industry-leading tools and data, the consulting giant aims to provide more comprehensive and data-driven solutions to its clients, helping them navigate the complexities of modern network infrastructure and deliver reliable, high-performance connectivity.
Source: Ars Technica
