Discord Halts Talks With Microsoft on Takeover (updated)

Microsoft is said to be in talks with Microsoft about an acquisition worth $ 10 billion (8.3 billion euros), Bloomberg news agency reports Tuesday.

Discord is a popular chat app among gamers. In closed groups, they can chat and call with each other, for example, to communicate better while playing an online game. During the streaming sessions, users can also talk to each other. VentureBeat reported on Monday that Discord would have approached various parties for a possible takeover. The site wrote based on a source within the company that negotiations with one party were already well advanced.

The deal between Discord and Microsoft is not yet certain, because going public would also be possible. However, according to sources within the company, that is not obvious.

Update April 21, 2021 - Discord has reportedly stopped takeover talks with Microsoft and rejected a 12 billion USD bid reports Wall Street Journal.  Chat startup Discord Inc. has halted talks to sell itself to potential suitors including Microsoft Corp. , according to people familiar with the matter, as it resumes interest in a potential initial public offering down the line. Microsoft, whose market value Tuesday stood at nearly $2 trillion, has been on the hunt for acquisitions that would help it reach more consumers.