Discord ends buyout talks with Microsoft - source
Reuters had reported in March that Microsoft is in talks to buy Discord, for more than $10 billion. The COVID-19 pandemic has boosted the prospects of gaming companies as people under lockdowns increasingly turn to video games as a form of entertainment.Reuters | Updated: 21-04-2021 10:47 IST | Created: 20-04-2021 23:11 IST
Messaging platform Discord Inc has ended deal talks with Microsoft Inc and plans to focus on growing the business as a standalone company, a source familiar with the matter told Reuters on Tuesday.
The COVID-19 pandemic has boosted the prospects of gaming companies as people under lockdowns increasingly turn to video games as a form of entertainment. Discord, which was valued at around $7 billion as of December, is a platform on which users coordinate group activities such as games, discussions and even virtual parties.
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