• Contact Us
  • About Us
  • Privacy Policy
  • Login
Upgrade
Investment.Ceo
ADVERTISEMENT
  • Daily Investment
  • Investment
  • Entrepreneur
  • Wealth
  • Subscribe
  • Courses
No Result
View All Result
  • Daily Investment
  • Investment
  • Entrepreneur
  • Wealth
  • Subscribe
  • Courses
No Result
View All Result
Investment.Ceo
No Result
View All Result
ADVERTISEMENT
Home News

Microsoft is in talks to buy Discord for more than $10 Billion

Microsoft Corp. is in talks to acquire Discord Inc., a video-game chat community, for more than $10 billion, according to people familiar with the matter.

March 24, 2021
in News
0 0
0
Microsoft is in talks to buy Discord for more than $10 Billion
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Discord has been talking to potential buyers and software giant Microsoft is in the running, but no deal is imminent, said the people, who asked not to be identified because the discussions are private. Discord is more likely to go public than sell itself, one person said. Representatives for Microsoft and Discord declined to comment. VentureBeat reported earlier on Monday that Discord was engaged in sales talks.

San Francisco-based Discord is best known for its free service that lets gamers communicate by video, voice and text, and people stuck at home during the pandemic have increasingly used its technology for study groups, dance classes, book clubs and other virtual gatherings. It has more than 100 million monthly active users and has been elaborating its communication tools to turn it into a “place to talk” rather than merely a gamer-centric chat platform.

You might also like

Please do not buy Dogecoin only because it’s on top 10, or because you are a fan of “Shiba Inu”

Top 10 cryptocurrencies with the strongest increase since beginning of the year

16 hours ago
52
What did Elon Musk say after the Tesla accident that killed 2 people

What did Elon Musk say after the Tesla accident that killed 2 people

23 hours ago
72

Microsoft Discord e1616474210930

Microsoft, which last year sought to buy social-media app TikTok and held talks to acquire Pinterest Inc., has been shopping for assets that would provide access to thriving communities of users, according to people familiar with the company’s thinking. Microsoft’s Xbox business has also been expanding the suite of subscription perks it provides as part of its Game Pass offering. Microsoft shares were up about 1.2% in the first minutes of trading Tuesday.

ADVERTISEMENT

“Microsoft possibly acquiring Discord makes a lot of sense as it continues to reshape its gaming business more toward software and services,” said Bloomberg Intelligence Analyst Matthew Kanterman. “There’s a big opportunity to bundle Discord’s premium offering, Nitro, into the Game Pass service to drive more subscriptions from the last reported 18 million.”

After Microsoft’s recent $7.5 billion purchase of ZeniMax Media Inc., owner of The Elder Scrolls and Doom publisher Bethesda Softworks, an acquisition of Discord would signal the Redmond, Washington-based software giant’s willingness to keep investing in its video-game unit.

“We expect Xbox to remain acquisitive to keep bolstering the value proposition of Game Pass and drive subscriptions higher,” Kanterman said.

Discord reached out to Microsoft to gauge interest, and Xbox chief Phil Spencer has been talking to the company, according to one person. The company raised $100 million at a $7 billion valuation last year, according to Pitchbook.

Discord has also held discussions with Epic Games Inc. and Amazon.com Inc. in the past, according to two people familiar with the matter. Epic didn’t immediately respond to requests for comment. Amazon declined to comment. Would this be a profitable investment for the Big Tech?

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Related Posts

Please do not buy Dogecoin only because it’s on top 10, or because you are a fan of “Shiba Inu”
Investment

Top 10 cryptocurrencies with the strongest increase since beginning of the year

April 21, 2021
52
What did Elon Musk say after the Tesla accident that killed 2 people
Entrepreneur

What did Elon Musk say after the Tesla accident that killed 2 people

April 20, 2021
72
Being too optimistic about Bitcoin means getting a lot of investment risks?
Investment

Being too optimistic about Bitcoin means getting a lot of investment risks?

April 20, 2021
145
Hard Work Just Leaves You With Less Fortune
News

Hard Work Just Leaves You With Less Fortune

April 19, 2021
29
Do you want to know how do Britain’s Royal members make money?
Investment

Do you want to know how do Britain’s Royal members make money?

April 18, 2021
766
iPhone 13 rumors: How does it look?
Entrepreneur

iPhone 13 rumors: How does it look?

April 17, 2021
202

Popular Post

  • What Is The True Value Of NFT? Is An NFT Painting As Valuable As A Screenshot?

    What Is The True Value Of NFT? Is An NFT Painting As Valuable As A Screenshot?

    0 shares
    Share 0 Tweet 0
  • 7 Best Low-Risk Investments Right Now

    0 shares
    Share 0 Tweet 0
  • Competition of Electric Automobile Among Giants: Apple And Kia! Amazon And Rivian! GM And Will Ferrell!

    0 shares
    Share 0 Tweet 0
  • Great Businesses Ideas You Can Start for Less Than $100

    0 shares
    Share 0 Tweet 0
  • What Is The Real Meaning Behind Reddit’s GameStop Stock Battle?

    0 shares
    Share 0 Tweet 0

Categories

ADVERTISEMENT
ADVERTISEMENT
Investment.Ceo

We bring you the best Premium Articles that perfect for entrepreneurs, investors, finance students, etc. Check our page for details.

Learn more

Categories

April 2021
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« Mar    

Recent Posts

  • Top 10 cryptocurrencies with the strongest increase since beginning of the year
  • What did Elon Musk say after the Tesla accident that killed 2 people
  • Being too optimistic about Bitcoin means getting a lot of investment risks?

© 2020 Investment.Ceo - Investment Blog by Daily Investment.

No Result
View All Result
  • Daily Investment
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2020 Investment.Ceo - Investment Blog by Daily Investment.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$54,955.00-1.61%
  • ethereumEthereum(ETH)$2,267.213.66%
  • binancecoinBinance Coin(BNB)$571.3210.75%
  • rippleXRP(XRP)$1.331.94%
  • tetherTether(USDT)$1.00-0.34%
  • dogecoinDogecoin(DOGE)$0.314566-18.77%
  • cardanoCardano(ADA)$1.231.79%
  • polkadotPolkadot(DOT)$33.76-0.71%
  • bitcoin-cashBitcoin Cash(BCH)$919.20-1.90%
  • litecoinLitecoin(LTC)$254.64-0.66%