M&A Deal Summary

Ookla Acquires RootMetrics

On December 14, 2021, Ookla acquired information technology company RootMetrics from IHS

Acquisition Highlights
  • This is Ookla’s 1st transaction in the Information Technology sector.
  • This is Ookla’s 1st transaction in the United States.
  • This is Ookla’s 1st transaction in Washington.

M&A Deal Summary

Date 2021-12-14
Target RootMetrics
Sector Information Technology
Buyer(s) Ookla
Sellers(s) IHS
Deal Type Divestiture

Target

RootMetrics

Bellevue, Washington, United States
RootMetrics is an independent mobile networks analytics firm that offers insights into the mobile user experience. It uses a proprietary measurement methodology and sophisticated algorithms to develop network analytics that is made available to its customers – mobile operators and infrastructure providers in the U.S. and U.K. – on a subscription basis, with topline information available free to consumers to make more informed mobile decisions. RootMetrics was formed in 2008 and is based in Bellevue, Washington.

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Buyer(S) 1

Buyer

Ookla

Kalispell, Montana, United States

Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Ookla is a customizable platform that gives businesses the tools to measure network throughput, latency, packet loss and scan firewall ports. Ookla was formed in 2006 and is based in Kalispell, Montana.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 CellRebel

Helsingborg, Sweden

CellRebel is a Swedish company in the telecom industry offering an analytics platform that helps network operators, their related service providers, and application developers to better understand and improve customer experiences and network quality globally. Its technology delivers enhanced competitive intelligence, benchmarking capabilities, and actionable insights based on 100+ billion daily data samples gathered from 10,000+ content/app providers, 800+ CDN/Cloud providers, and 1+ billion smartphones. CellRebel is based in Helsingborg, Sweden.

Buy -

Seller(S) 1

SELLER

IHS

Englewood, Colorado, United States

Category Company
Founded 1959
Sector Information Technology
Employees9,000
Revenue 2.2B USD (2015)
DESCRIPTION

IHS is a source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments rely on the content, expert independent analysis and flexible delivery methods of IHS to make decisions and develop strategies with speed and confidence. IHS was established in 1959 and is headquartered in Englewood, Colorado.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 3 of 3
Type: Divestiture M&A Deals 4 of 4
State: Washington M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 OPIS

Rockville, Maryland, United States

OPIS is a provider of oil industry pricing, news, analysis, and software. OPIS also provides edge software solutions for petroleum marketers looking to automate price collection, data storage, and repricing of dealer and commercial accounts. OPIS was founded in 1977 and is headquartered in Rockville, Maryland.

Sell $1.2B