Company is apparently interested in going public in the future
Chat platform Discord is apparently no longer in acquisition talks with Microsoft.
That’s according to The Wall Street Journal, which says that discussions have halted, with Discord apparently looking into going public at some point in the future.
This comes in the wake of reports that the chat app was up for sale in March, with Microsoft being just one of the companies in the running to buy Discord.
A few days later, it emerged that the chat firm was in “exclusive” discussions with Microsoft.
Discord is apparently valued at more than $10 billion, a sizeable increase due to the success it saw during 2020 thanks to the COVID-19 coronavirus pandemic.
The firm was worth $3.5 billion in June of that year, a figure that rose to $7 billion by December.
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Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.
