Ziff Davis, Inc. entered into a Securities Purchase Agreement dated March 2, 2026, to sell its Connectivity division to Accenture Inc. for $1.2 billion in cash, subject to customary adjustments and closing conditions. The transaction, unanimously approved by the Board, is expected to close in the coming months pending regulatory approvals and other conditions.
Key takeaways
Ziff Davis, Inc. and Ziff Davis, LLC selling Connectivity division (Business) to Accenture Inc.
Aggregate purchase price of $1.2 billion in cash, subject to customary adjustments.
Agreement dated March 2, 2026; filing date March 4, 2026.
Transaction unanimously approved by Ziff Davis Board of Directors.
Expected closing in coming months, subject to closing conditions including HSR Act waiting period.
Includes Transition Services Agreement and customary non-solicitation/non-compete provisions.
Termination possible by December 2, 2026 (extendable to March 2, 2027).