Horizon Advises Ookla on Acquisition

Last Monday (12/1/14), One of Horizon’s clients, Ookla, was acquired by Ziff Davis.

Ookla is the market leader in broadband network testing. Through its flagship B2C service Speedtest.net and its B2B NetGauge service used by nearly every major ISP, Ookla has built a dominant market position. Speedtest.net has delivered nearly seven billion speed tests globally since 2006.

Ziff Davis, a subsidiary of j2 Global, Inc., is a global digital media company specializing in the technology and gaming markets, reaching in-market buyers and influencers in both the consumer and business-to-business space. Ziff Davis sites, which feature trusted and comprehensive evaluations of the newest and hottest products, include PCMag.com, IGN.com, ExtremeTech.com, Geek.com and others.

Please let us know if you’d like to learn more about this transaction and the Horizon process. The transaction represents the culmination of years of work together with Ookla’s founders, with our first capital markets transaction on the company’s behalf having closed in 2011. Our long-standing relationship with Ookla is an excellent representation of Horizon’s long-term approach.