Sarah Patel's Avatar
published in Blogs
Apr 20, 2021
Microsoft (MSFT, $257.39) talks with Discord on acquisition reportedly ends

Microsoft (MSFT, $257.39) talks with Discord on acquisition reportedly ends

Microsoft was reportedly in talks to buy videogame-chat app Discord. But recent media reports suggest that Discord put an end to those buyout talks. Citing sources familiar with the matter, the Wall Street Journal reported that the app may instead consider an initial public offering.

Earlier, the software behemoth was reportedly in talks to offer more than $10 billion for Discord . Other potential buyers included Epic Games and Amazon.com.

Last year, Microsoft sought to acquire social-media app TikTok. More recently, it  considered acquiring Pinterest PINS.

Related Tickers: MSFT
Related Portfolios: MICROSOFT