Microsoft Corp. is in talks to purchase the popular calling and messaging app Discord for more than $10 billion, APA reports citing Bloomberg.
One of the sources claimed that even though the negotiations are under way, no deal is imminent, and that Discord would rather "go public than sell itself". Spokespersons for Microsoft and Discord have not commented on the matter yet.
The insiders argued that after Discord reached out to the tech giant "to gauge interest", Xbox chief Phil Spencer sat down for talks with the company.
Bloomberg intelligence analyst Matthew Kanterman insisted that a potential deal between Microsoft and Discord "makes a lot of sense as it continues to reshape its gaming business more toward software and services".
Kanterman argued that Microsoft probably wants to seize an opportunity "to bundle Discord's premium offering, Nitro, into the Game Pass service to drive more subscriptions from the last reported 18 million".