Microsoft Is in Exclusive Talks to Acquire Discord – The Wall Street Journal1 min read

https://www.wsj.com/articles/microsoft-is-in-exclusive-talks-to-acquire-discord-11616715164

Microsoft Corp. remains in advanced talks to obtain messaging platform Discord Inc. for $10 billion or more, according to people knowledgeable about the matter, as the software huge looks for to deepen its consumer offerings.
Microsoft and Discord are in unique talks and could complete an offer next month, presuming the settlements dont fall apart, the individuals said.
Originally preferred by players, San Francisco-based Discord provides voice, video and text chatting. The platforms popularity has risen given that the pandemic took hold as individuals stay home and connect online– as has that of other chat services, like Facebook Inc.s WhatsApp and Signal Messenger LLC. Discord has been thinking about an IPO.
Microsoft, which has a market worth of more than $1.7 trillion, has actually been on the hunt for an acquisition that would assist it reach more consumers. Last summer season, it held speak to purchase the popular video-sharing app TikTok amidst a high-profile geopolitical standoff triggered by the Trump administration, prior to abandoning the effort.
VentureBeat reported this week that Discord was checking out a sale and had gone into exclusive conversations with an unnamed suitor.

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