Accenture announced Tuesday that it has agreed to acquire Ookla, the company behind widely-used internet platforms Speedtest and Downdetector, in a deal valued at $1.2 billion.

The acquisition includes Ookla's portfolio of network testing and monitoring services. Speedtest allows users to measure their internet connection speeds, while Downdetector provides real-time information about service outages for websites and online platforms. Both services are free to users and have become go-to resources for checking internet connectivity issues.

The deal also encompasses other Ookla properties including RootMetrics, which provides mobile network performance analytics, and Ekahau, which specializes in Wi-Fi network planning and troubleshooting tools.

Accenture, a global consulting and IT services provider, plans to integrate Ookla's capabilities into its existing technology services portfolio. The acquisition represents Accenture's continued expansion into digital infrastructure and network performance solutions.

The transaction is subject to customary closing conditions and regulatory approvals. Financial terms beyond the $1.2 billion purchase price were not disclosed in the announcement.