According to a new report from the Wall Street Journal today (April 20), talks between Microsoft and Discord have stopped.
Sources who are familiar with the ongoing story have said that the Microsoft deal could be restarted later down the line, though at this time Discord is likely planning for a potential public sale in the future.
As reported in March, Microsoft was rumoured to be in talks to acquire the gaming-focused chat platform. A Bloomberg report put the potential acquisition at £7billion (US$10billion).
One source also added that Discord was more likely to go public than to sell itself, which matches up with today’s report.
Discord offers both free and paid services for its users, allowing them to communicate via video, voice and text chat. The difference between services includes advanced features such as higher resolutions, screen sharing, extra emojis, and larger file upload limits.
Discord was valued at £5billion (US$7billion), according to a Tech Crunch report in December last year.
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