Loookin like a done deal
WSJ News Exclusive | Microsoft Is in Exclusive Talks to Acquire Discord
A deal valuing the chat app at $10 billion or more could help Microsoft boost both its videogame business and its social-networking footprint.
www.wsj.com
Microsoft Corp. is in advanced talks to acquire messaging platform Discord Inc. for $10 billion or more, according to people familiar with the matter, as the software giant seeks to deepen its consumer offerings.
Microsoft and Discord are in exclusive talks and could complete a deal next month, assuming the negotiations don’t fall apart, the people said.
Originally favored by gamers, San Francisco-based Discord offers voice, text and video chatting. The platform’s popularity has surged since the pandemic took hold as people stay home and connect online—as has that of other chat services, like Facebook Inc.’s WhatsApp and Signal Messenger LLC. Discord has been considering an IPO.
Previous Bloomberg report:
Bloomberg Article
Discord reached out to Microsoft to gauge interest, and
Microsoft Xbox chief Phil Spencer has been talking to the company, according to one person.
Seems like a gaming org driven acquisition.