Microsoft Reportedly Wants to Purchase Discord for Over $10 Billion. Microsoft already owns about two platforms for communications and now, they are looking to purchase one more. At the moment, Skype happens to be it only platform for chatting and calling solution until slack and later Zoom forced it to grow the Microsoft teams. Now, they might just want to take another yet communication, and this time with a bent towards gaming, as Redmond gets a little deep into talks about purchasing discord for more than it is valued at the moment.
Microsoft Reportedly Wants to Purchase Discord for Over $10 Billion
Although there are lots of many services and software that enabled players to communicate with each other, those were complicated to set up, and needed some hosting, and possesses limited reach. Discord came with the power of the cloud to the gaming masses and it soon became the name of the household in that industry when it comes to text, video chats, and voice.
The popularity has acquired the attention of all the potential buyers, one of whom is Microsoft according to the usual sources familiar with this undisclosed matter. The company is interested in purchasing Discord for more than $10 billion, which is a lot more than $7billion valuation it was given in the previous year. Some of the analysts still do not want to consider the service to be profitable as its revenue would come mostly from the $9.99 per month Nitro subscription for features that are advanced.
Discord’s acquisition would fall under Microsoft’s Xbox arm as its chief Phil Spencer that happens to be reportedly taking part in the negotiations. Recently, Xbox has been on a studio acquisition spree, that includes the Bethesda parent company ZeniMax, and acquiring Discord would bolster the gaming platform’s social aspects. Recently, Xbox was found recently rebranding its Xbox Live online platform into “Xbox Network”, almost like hinting at a coming shift in perspective.
With that stated, the deal is not written in ink yet and would go either way. To add to it, looking at other potential buyers, one insider has even reported that Discord might make the decision to go public instead of selling itself.
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