Tech giant Microsoft Corporation is currently in talks to acquire Discord Inc, the worlds biggest gaming communities, for more than $ 10 billion, according to sources familiar with the matter.
The sources, who asked not to be identified for the confidentiality of the talks, said that the “Discord” company was talking to potential buyers, and that the competition was entered by “Microsoft”, the software giant, but that no deal was imminent. One person stated that Discord was more likely to be listed on the stock exchange than to sell itself. Representatives of “Microsoft” and “Discord” declined to comment.
The San Francisco-based Discord is known for its free services that allow players to communicate by video, voice and text, and people stuck at home during the Corona epidemic have increasingly used its technology for study groups, dance classes, book clubs and other virtual gatherings.
Discord contacted Microsoft to determine the extent of interest in the deal, Phil Spencer, head of Microsoft Xbox, had begun speaking to the company, according to one of the sources. VentureBeat reported earlier on Monday that Discord was in talks to sell itself. The company raised $ 100 million in financing with a valuation (of its entire assets) of $ 7 billion last year, according to Beachbook.
According to Bloomberg Discord has also held discussions with Epic Games Inc. and Amazon Inc,and has not made any official public statement about its possible sale.