Microsoft in Talks to Acquire Discord for More Than $10 Billion: Report

Social

Microsoft is reportedly in talks to buy messaging platform Discord for more than $10 billion (roughly Rs. 72,400 crores), people familiar with the matter said.

Discord has reached out to potential buyers and Microsoft is one of them, the report said, citing people familiar with the matter, while one of them said it was more likely to go public than sell itself.

Earlier in the day, VentureBeat reported that Discord was exploring a sale and it was in final talks with a party. 

Both Microsoft and Discord did not immediately respond to Reuters requests for comments.

The COVID-19 pandemic has boosted the prospects of gaming companies as people stayed at home and turned to video games for entertainment during lockdowns.

Earlier this month, US gaming company Roblox made a strong market debut after going public through a direct listing rather than a traditional initial public offering..

© Thomson Reuters 2021


Some important changes are taking place with Orbital podcast. We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

Products You May Like

Articles You May Like

Android 15 Beta 2 With Private Space, Advanced Anti-Theft Protection and More Released
Apple’s New iPad Air, iPad Pro Get Battery Health Menu That Limits Charging to 80 Percent: Report
CEO Tim Cook opens first India Apple store in Mumbai
ChatGPT Integrates Google Drive and Microsoft OneDrive For Paid Users With Connect Apps Feature
Samsung Galaxy Book 4 Edge with Microsoft Copilot+ Unveiled: Price, Specifications

Leave a Reply

Your email address will not be published. Required fields are marked *