Ziff Davis completes $1.2 billion sale of Connectivity division to Accenture
Ziff Davis closed its sale of the Connectivity division to Accenture on June 17, 2026, for an aggregate purchase price of $1.2 billion in cash, subject to customary adjustments. Before closing, the company obtained lender consent under its credit agreement and designated the division's subsidiaries as unrestricted under its 4.625% Senior Notes indenture. The filing does not report the division's financial results or the company's gain or loss on the sale.
Key points
- Sale of Connectivity division to Accenture Inc. closed June 17, 2026, for $1.2 billion in cash
- Consent Agreement with lenders dated June 15, 2026, permits the sale under the existing credit agreement
- Division subsidiaries designated unrestricted under the indenture for the 4.625% Senior Notes due 2030 shortly before closing
- Pro forma financial information to be filed by amendment within four business days of closing
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 17, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.