Ziff Davis agrees to sell Connectivity division to Accenture for $1.2 billion
Ziff Davis said it signed a Securities Purchase Agreement on March 2, 2026, to sell its Connectivity division to Accenture Inc. for $1.2 billion in cash, subject to customary adjustments. The deal has been unanimously approved by the company's Board and is expected to close in the coming months, subject to closing conditions. Shareholders will see the company's remaining business change once the sale closes, though the filing does not state the financial effect of the sale.
Key points
- Purchase price is $1.2 billion in cash, subject to customary adjustments set out in the agreement.
- Agreement signed March 2, 2026, between Ziff Davis, Ziff Davis, LLC and Accenture Inc.
- Deal can be terminated if it has not closed by December 2, 2026, which may be automatically extended to March 2, 2027.
- At closing, Ziff Davis will provide transition services to Accenture under a Transition Services Agreement.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing 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 March 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.