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Discord ends deal talks with Microsoft, could work as standalone company

Discord ends deal talks with Microsoft, could work as standalone company

India Today
Wednesday, April 21, 2021 07:27:47 AM UTC

Discord will focus on building the chat platform and making money from its user base that has grown quickly during the pandemic.

Messaging platform Discord has ended deal talks with Microsoft and plans to focus on expanding the business as a standalone company, according to reports. Discord will focus on building the chat platform and making money from its user base that has grown quickly during the pandemic, according to reports. Last month, reports emerged noting that tech giant Microsoft could acquire discord for $10 billion. Discord fielded interest from at least three companies about a deal but prefers to stay independent at this time as it is performing well, sourced told The Wall Street Journal. The company has resumed its interest in an initial public offering (IPO) and hired its first finance chief, Tomasz Marcinkowski, a former Pinterest last month. A public listing is on the table but not imminent, sources told Reuters.
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