HomeLatest NewsEnterprise ITTech giant Microsoft looks to acquire messaging platform Discord in a over $10 bn deal

Tech giant Microsoft looks to acquire messaging platform Discord in a over $10 bn deal

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Technology giant Corp plans to acquire messaging platform Inc for more than $10 billion, according to Bloomberg News, citing people familiar with the matter.

As per the reports messaging platform, Discord has reached out to potential buyers and Microsoft is one of the frontrunners to pick the entire company stake. Meanwhile, reports about Discord going public are also doing rounds and top sources suggest that it is more likely to go public than sell itself.

Earlier, VentureBeat reported that Discord was exploring a sale and it was in final talks with a party.

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

Earlier this month, US gaming company Roblox made a strong market debut after going public through a direct listing rather than a traditional initial public offering.

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Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
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IBM warns most firms unprepared for quantum computing hacks

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