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Microsoft wants Discord

by on23 March 2021

More than $10 billion

Microsoft is in talks to buy messaging platform Discord for more than $10 billion.

According to Bloomberg, Discord has reached out to potential buyers and Microsoft is one of them.

Discord, which is valued at around $7 billion as of last December, is a platform on which users coordinate group activities such as games, discussions and even virtual parties.

The Xbox maker has been seeking to strengthen its video game offerings with $7.5 billion acquisition of ZeniMax Media last year, its biggest gaming acquisition ever.

The COVID-19 pandemic has boosted the prospects of gaming companies as people stayed at home and turned to video games for entertainment during lockdowns.

With its strong gaming business, Microsoft has also been looking to own mass social media platforms. Its last big social media deal was the $26.2 billion acquisition of LinkedIn in 2016, while it failed in its bid for short video app TikTok’s US assets in September last year.

Recently, the Financial Times reported about Microsoft’s interest in buying the outfit which stuffs up every Google search, Pinterest.

Last modified on 23 March 2021
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