Downdetector and Speedtest Sold to Accenture in $1.2 Billion Deal
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Accenture acquires Ookla (Speedtest + Downdetector) from Ziff Davis for $1.2B — an 80x return on the original $15M investment — bringing consumer internet monitoring tools into the enterprise fold.
Downdetector and Speedtest Sold to Accenture in $1.2 Billion Deal
Accenture has agreed to acquire Ookla — the company behind Speedtest and Downdetector — from Ziff Davis for $1.2 billion. The deal transforms two of the internet's most widely-used consumer tools into enterprise and government assets.
The Deal
- Acquirer: Accenture, the $200B+ IT services and consulting firm
- Seller: Ziff Davis, which originally acquired Ookla in 2014 for $15 million
- Price: $1.2 billion — an 80x return on Ziff Davis's original investment
- Expected close: "In the coming months"
Why Accenture Wants Ookla
Ookla's tools have significant B2B and government applications:
- Speedtest intelligence: Ookla aggregates network performance data from hundreds of millions of tests, providing granular coverage maps
- Downdetector data: Real-time service outage data is valuable for telecom regulators, enterprise IT monitoring, and competitive intelligence
- Government clients: Accenture already serves the US Air Force, Social Security Administration, and Department of State
- AI infrastructure: Network performance data is critical for planning AI data center deployments
Why Users Should Care
Both Speedtest and Downdetector are deeply embedded in how people understand the internet:
- Speedtest: The default tool for testing internet connection quality globally
- Downdetector: The go-to reference when any major online service goes down
Under Accenture's enterprise focus, there are concerns about:
- Data privacy: Consumer speed test data being used for enterprise intelligence
- Access restrictions: Tools being limited to paying enterprise customers
- Government surveillance: Data being shared with government agencies through existing contracts
The Broader Trend
This acquisition reflects a broader trend of consumer internet tools being absorbed into enterprise ecosystems:
- GitHub → Microsoft (2018, $7.5B)
- LinkedIn → Microsoft (2016, $26.2B)
- Gravatar → Automattic (2023)
- Stack Overflow → Prosus (2021)
Source: Ars Technica | Reuters Report
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