Tech

Microsoft is in exclusive negotiations to win discord

According to people familiar with the matter, Microsoft Corp. is in talks to acquire the messaging platform Discord Inc. for more than $ 10 billion, and software giants are looking to deepen their consumer products.

People said Microsoft and Discord are in monopoly negotiations and could close the deal next month, assuming the negotiations don’t collapse.

Originally a favorite of gamers, Discord is based in San Francisco and offers voice, text and video chat. The platform’s popularity has skyrocketed since the pandemic took hold as people stayed home and connected online, like other chat services like WhatsApp on Facebook Inc. and Signal Messenger LLC. Discord has been considering an IPO.

With a market value of over $ 1.7 trillion, Microsoft has sought acquisitions to help reach more consumers. Last summer, in a hot geopolitical conflict caused by the Trump administration, he abandoned his efforts after negotiating to buy the popular video-sharing app TikTok.

VentureBeat reported this week that Discord was considering a sale and had an exclusive discussion with an unnamed suitor.

Microsoft is in exclusive negotiations to win discord

Source link Microsoft is in exclusive negotiations to win discord

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