Ziff Davis Sells DownDetector, Speedtest and More to Accenture for $1.2B

Ziff Davis, a leading digital media and internet company, has agreed to sell its Connectivity portfolio, which includes popular platforms like DownDetector and Speedtest, to global professional services firm Accenture for $1.2 billion. The Connectivity portfolio encompasses a range of tools and services that help users monitor and troubleshoot internet and connectivity-related issues. This includes DownDetector, a website that tracks and reports on service outages, and Speedtest, a widely used tool for measuring internet speeds. The sale marks a significant strategic move for Ziff Davis, as it focuses on strengthening its core digital media and internet businesses. For Accenture, the acquisition aligns with its goal of expanding its digital infrastructure services and capabilities. The transaction is expected to close in the coming months, subject to regulatory approvals and other customary conditions. The combined expertise and resources of Ziff Davis and Accenture are expected to enhance the Connectivity portfolio's offerings and provide greater value to users worldwide.