The deal is on! Last week, rumors started swirling regarding Microsoft being one of the big suitors for Discord. The chat service was said to be entering the final round of its year-long sales process.
Popular with gamers, the chat platform had been on the market for a while now.
And now it looks like it is inching closer to being acquired.
That is because the Wall Street Journal is reporting that Microsoft if exclusively engaged in exclusive talks with the company on an acquisition of the chat service for roughly $10 billion. The Redmond based tech firm is said to have beaten out bidders like Amazon and Google to enter exclusive talks.
At least, according to sources familiar with the sales process.
Assuming talks progress uninterrupted and Microsoft and Discord come to an agreement, an official announcement of some sorts could be out as soon as next month. The acquisition just before BUILD or whatever replaces E3 could also represent a huge promotional news cycle for Microsoft.
More specifically, this possible acquisition could enable Redmond to pivot the chat service into its consumer and entertainment communication platform, which could assuage internal demands to evolve its enterprise Teams app into said service.
Interesting times ahead.