Huge Popular Chat Application Discord Inc., earlier had started talks with Microsoft for acquisition. But after few days the Deal was Ended. Not just Microsoft, but at least three companies wherein talk with discord for this deal. For at least $10 billion, Microsoft was in forwarding talks to acquire Discord, as reported last month. But unfortunately, the talks ended and the deal was ended.
So, here are some potential reasons why Discord ended talks with Microsoft to get acquired.
- Discord is performing well and prefers to stay independent at this time.
- Its growth has improved at an insane rate as its popularity has surged since the pandemic took hold as people turned to it as a safe way to connect with friends and family.
- Wants to Focus on increasing the business as a standalone company.
- Discord also wants to reposition itself for an initial public offering IPO.