Gamer communication service Discord reportedly ended talks with Microsoft and other companies over a potential sale, instead plotting to explore other paths as a standalone company.
The Wall Street Journal (WSJ) reported the US-based company is mulling an IPO instead of a sale, citing confidence in its performance as a factor in the decision to end sale talks.
Discord had been linked with Amazon, Epic Games and, later, Microsoft [1] in relation to talks about a sale.
WSJ reported takeover talks with Microsoft might resurface given the software giant’s pursuit of businesses to bolster its presence in specfic industries: last week it launched a $19.7 billion move for AI speech recognition company Nuance Communications [2], and it was previously said to be interested in acquiring the US assets [3] of social media service TikTok.
Discord previously revealed it gained 40 million monthly active users (MAUs) in H2 2020, taking its total to 140 million by end-December, compared with a reported 70 million at end 2019.
[1] https://www.mobileworldlive.com/featured-content/home-banner/discord-app-mulls-10b-sale-to-microsoft
[2] https://www.mobileworldlive.com/featured-content/home-banner/microsoft-splashes-almost-20b-on-nuance-buy
[3] https://www.mobileworldlive.com/featured-content/top-three/nadella-talks-tiktok-takeover-with-trump
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