Downdetector and Speedtest sold to Accenture for $1.2 billion
TL;DR
Accenture acquires Downdetector and Speedtest from Ziff Davis for $1.2 billion to enhance AI capabilities for clients.
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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 …