News business Discord and Microsoft: the end of the buyout negotiations?
On March 23rd, Bloomberg and VentureBeat announced that Microsoft, according to their sources, was thoroughly investigating the possibility of buying Discord, which is for sale. Several companies took an interest in Discord, but Microsoft seemed to be holding the line.
Discord, estimated at around $ 7 billion, was obviously looking for a buyer who could take care of the 140 million monthly active users. Microsoft’s position made perfect sense to the company, according to Bloomberg rely on software and services
Some sources felt that now is not the time as Discord is doing well and enjoying its independence for the time being. According to other sources Microsoft would have put at least $ 10 billion on the table, but the two sides failed to come to an agreement. However, The exchange could be resumed later. In other words, the timing was bad, but the door is not permanently closed. However, when Discord is looking for funding it isn’t for free. It is therefore entirely possible that we will have news about it in the coming months.
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By MalloDelic, Journalist igamesnews.com