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

Earlier today, a report claimed that Discord is in talks with companies to sell the service. According to the initial report, Discord was in the advance stages and the price was set at $10 Billion, a little over the firm's valuation of $7 Billion.

Now, Bloomberg has published a new report noting that Microsoft is on the list of companies that want to buy Discord. The Redmond giant is reportedly offering over $10 Billion to acquire the platform. According to the sources familiar with the matter, Microsoft is in talks with Discord but has not finalised the deal.

Microsoft has been focusing on gaming lately as the company recently acquired ZeniMax Media, the parent company of Bethesda. Last year, the company even tried acquiring TikTok when the former President Donald Trump forced ByteDance to sell the US operations of the company to an American company.

According to Bloomberg's sources, Xbox Chief Phil Spencer is talking to Discord to finalise a deal. However, Microsoft is not the only company trying to acquire the chat platform. Discord has also held discussions with Epic Games and Amazon in the past but it was not fruitful and both companies did not comment on the matter. This, however, is not the first time Discord has gone through the process. In 2018, Vox reported that Discord was in talks with companies for a potential acquision but that did not materialise into anything.