Story perspectives

Ziff Davis Sells Connectivity Division to Accenture for $1.2B

3/3/2026

Summary

Story summary

Ziff Davis will sell its Connectivity division, including Ookla's Speedtest and Downdetector, to Accenture for $1.2 billion to focus on its enthusiast websites and health platforms.
Following the announcement, Ziff Davis's stock surged over 45%.
The deal is expected to close in the coming months.
Proceeds will be used for general corporate purposes.
Accenture aims to leverage the Ookla portfolio to bolster network intelligence services for AI-driven transformations.

History

Historical Context

Microsoft acquired Nuance Communications for $19.7 billion in 2021, enhancing its AI capabilities, while Ziff Davis, founded in 1927, sold its Connectivity division for $1.2 billion. This reflects a broader trend of tech consolidation, as companies like Accenture focus on AI-driven innovations, underscoring the growing significance of data and connectivity in the technology sector's evolution.

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Story summary

Ziff Davis will sell its Connectivity division, including Ookla's Speedtest and Downdetector, to Accenture for $1.2 billion to focus on its enthusiast websites and health platforms.
Following the announcement, Ziff Davis's stock surged over 45%.
The deal is expected to close in the coming months.
Proceeds will be used for general corporate purposes.
Accenture aims to leverage the Ookla portfolio to bolster network intelligence services for AI-driven transformations.

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