ACCENTURE ACQUIRES DOWNDETECTOR AND SPEEDTEST FOR $1.2B

Accenture's purchase of the two platforms expands its capabilities in network monitoring and performance analytics. Downdetector tracks outages across major services and websites, while Speedtest measures internet connection speeds—both are frequently used by consumers and enterprises to diagnose connectivity issues. The deal represents Accenture's push into infrastructure monitoring as businesses increasingly rely on real-time visibility into their digital performance. Financial terms confirm the $1.2 billion valuation, though specifics on earn-outs or contingencies were not disclosed. Ookla, which has operated both services, will transition operations to Accenture. The platforms will continue functioning independently while being integrated into Accenture's broader service offerings for enterprise clients. The acquisition comes amid growing demand for network reliability solutions, particularly as organizations manage hybrid work environments and complex cloud infrastructure.