Microsoft have given up on acquiring Discord
It was last month that the first reports emerged that Microsoft was in negotiations to acquire Discord. Negotiations that, according to The Wall Street Journal, have now been suspended since the deal is said to have been canceled.
Microsoft have given up on acquiring Discord (Image: The Verge)
The first information indicated that Microsoft intended to acquire Discord for 10 billion dollars, more than the valuation that the company presented in December of 7 billion dollars. Discord would be in exclusive negotiations with Redmond’s technology but, according to sources in the publication, it seems that the acquisition is no longer a possibility.
These same sources say that Discord would be in negotiations with two more companies, and the negotiations may now be resumed. However, it is also possible that Discord might want to focus on an initial public offering soon.