Discord ends acquisition talks with Microsoft

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But $10bn offer could be “rekindled” in future.

Discord has decided to remain independent, despite a round of high-profile acquisition talks.

That’s according to the Wall Street Journal, which previously reported Discord was on a call with numerous interested parties – and that Microsoft had advanced a $10bn offer to snap up the chat company.

Discord’s thoughts have now reportedly turned to a potential public offering, though Microsoft’s eye-watering bid has still been left on the table to be “rekindled” at a later date.

According to previous reports, Discord was courted by at least three companies interested in an acquisition. It has grown enormously in popularity – particularly over the past year – but is yet to turn a profit.

Discord’s desktop, app and web-based chat platform remains free to use, with limited extra features available to those who purchase its $10/month Nitro subscription

Microsoft’s acquisition offer of $10bn is reminiscent of the company’s $8.5bn purchase of Skype back in 2011. And of course, Microsoft completed its $7.5bn purchase of Bethesda last month.

Source: https://www.eurogamer.net/articles/2021-04-21-discord-ends-acquisition-talks-with-microsoft

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