Digital Event Horizon
Accenture has agreed to buy Ookla, owner of popular services such as Speedtest and Downdetector, for $1.2 billion in cash. The acquisition is expected to enable Accenture to integrate Ookla's data products into its own offerings, providing clients with the ability to optimize their mission-critical Wi-Fi and 5G networks.
Accenture is acquiring Ookla for $1.2 billion in cash. Ookla's products will be integrated into Accenture's offerings to provide tools for troubleshooting and designing wireless networks, as well as monitoring mobile network performance. The acquisition aims to enable enterprises to build high-performance environments they need. The deal will also give Accenture access to Ookla's large user base of over 250 million consumer-initiated tests per month. The sale is expected to close in the coming months, pending regulatory approvals.
Accenture, a leading IT consultant and services provider, has announced that it will acquire Ookla, the owner of popular services such as Speedtest and Downdetector, for a staggering $1.2 billion in cash. This acquisition marks a significant move by Accenture to expand its offerings in the areas of communications service providers, hyperscalers, government entities, and other types of customers.
Ookla's suite of products, which includes Ekahau and RootMetrics, provides tools for troubleshooting and designing wireless networks, as well as monitoring mobile network performance. The acquisition is expected to enable Accenture to integrate Ookla's data products into its own offerings, providing clients with the ability to optimize their mission-critical Wi-Fi and 5G networks.
According to Manish Sharma, Accenture's chief strategy and services officer, the acquisition of Ookla will give enterprises the power to build high-performance environments they need. "Speedtest and RootMetrics define the experience; Downdetector identifies incidents faster; and Ekahau drives digital workplace transformation through superior Wi-Fi," he stated.
The acquisition is also expected to enable Accenture to tap into Ookla's large user base, with over 250 million consumer-initiated tests per month. This data will be used to inform clients on various applications such as ensuring the resilience of AI infrastructure and edge datacenters, improving fraud prevention in banks, conducting smart home analytics in utilities, and retail traffic optimization.
Ziff Davis, which acquired Ookla in 2014 for $15 million, has announced that it expects the sale to close "in the coming months." The acquisition marks a significant departure from Ziff Davis' previous role as a publishing company, showcasing the growing importance of data-driven services in the market.
Accenture CEO and chair Julie Sweet added that by acquiring Ookla, Accenture will help its clients across business and government scale AI safely and build trusted data foundations they need to deliver reliable, seamless connectivity. This move underscores Accenture's commitment to providing cutting-edge solutions to its clients, as well as its ability to adapt to the evolving needs of the market.
The acquisition is subject to regulatory approvals and is expected to close soon. Under Ziff Davis' ownership, both Speedtest and Downdetector have business-to-business applications, with Speedtest gathering, aggregating, and analyzing data for "billions of mobile network samples daily," while Downdetector Explorer helps businesses detect outages.
In a statement, an Accenture spokesperson said that the company plans to operate the Ookla "business as it operates today." This approach will enable clients to continue using the services they rely on, while also allowing Accenture to integrate Ookla's data products into its own offerings.
As the technology landscape continues to evolve, companies like Accenture are playing a crucial role in shaping the future of industries. The acquisition of Ookla marks an important milestone in this journey, highlighting the growing importance of data-driven services and AI in driving business success.
Related Information:
https://www.digitaleventhorizon.com/articles/Downdetector-Speedtest-Sold-to-IT-Service-Provider-Accenture-in-12B-Deal-deh.shtml
https://arstechnica.com/information-technology/2026/03/downdetector-speedtest-sold-to-it-service-provider-accenture-in-1-2b-deal/
Published: Tue Mar 3 19:06:46 2026 by llama3.2 3B Q4_K_M
