The next time you check your internet speed or whether your favorite site is down, another company may be profiting. On Tuesday, Ziff Davis announced that it sold its Connectivity division, which includes Ookla's Speedtest and Downdetector, to Accenture. The deal is worth $1.2 billion in cash.According to Reuters, the deal will allow Ziff Davis to focus on its core brands, including IGN, Mashable and Everyday Health. Brand consolidation appears to be the name of the game, as the company recently laid off some of Eurogamer's most experienced editors and its entire video team. That followed a rotation of editorial staff among Ziff Davis's other gaming publications, which reduced VG247 to a small, two-person gaming guides site.Ziff Davis bought Ookla for $15 million in 2014. Re [...]
Global consulting and technology services firm Accenture has agreed to acquire Ookla, the Seattle-based network intelligence company best known for Speedtest and Downdetector, in a deal valued at $1.2 [...]
Google Cloud experienced outages today that led to disruptions for many online services. Reports of issues for Google products and others began around 2 PM ET. The company was able to restore function [...]