The US-based company Ookla, which provides fixed-line and mobile broadband speed testing, troubleshooting, and network performance analysis, was acquired by Ireland-based outsourced IT & professional services company Accenture for $1.2B. This acquisition will strengthen Accenture’s capabilities across network intelligence, communications technology, and AI-driven digital transformation.
In the UK, Netomnia , the provider of fibre network infrastructure services for consumer and businesses, was acquired by Nexfibre Networks, a wholesale only fibre to the home provider, for $2.7B, marking a natural step in the consolidation of the national fibre market, creating a scaled and sustainable wholesale platform while preserving the YouFibre retail brand and enhancing long-term infrastructure and financial strength.
Also, ARKA Group, a Connecticut-based space technology platform developer, was acquired by Virginia-based IT and professional services company CACI International for $2.6B. This deal strengthens CACI’s position in the national security space, leveraging ARKA’s space-based sensing and ground software for intelligence and defense missions.
In the Collaboration space, a Virginia-based provider of AI-powered lead management and customer communication software for businesses, Hatchify, was acquired by a California-based local discovery and reviews platform , Yelp, for $270M at 10.8 times revenue to extends its role from helping consumers find businesses to helping businesses convert demand into booked jobs and revenue.
In the Network Integration subsector, a US-based provider of white-label cloud, messaging, digital and network management solutions, Synchronoss Technologies, was acquired by Lumine Group, a Canada-based private equity firm with a focus on communications and media vertical markets, for $258M. The seller’s technology allows the buyer to deepen the exposure to telecom cloud infrastructure and subscriber facing software.
Finally, in the Unified Communications subsector, Telforge, a US-based provider of voice and unified communication software for businesses, was bought by FingerMotion, a mobile payment & recharge software platform, for $3.1M to expands FingerMotion’s capabilities from mobile services into cloud-based telecommunications and unified communications, while also strengthening its geographic and operational footprint.