Sources claim that Discord has rejected Microsoft's buyout offer
Whispers throughout the industry have been pointing towards a possible buyout of the popular text and voice chat program Discord. Considered as a modern Skype for gamers, the app was valued at $7 billion dollars, and for the past week, its creators have been in talks with Microsoft about a possible acquisition. Microsoft reportedly offered $10 billion dollars, but it appears that Hammer and Chisel--the startup company behind Discord--have chosen to decline the buyout, and will continue on independently. According to insiders, there were other companies interested in buying Discord besides just Microsoft--supposedly Amazon and Epic Games--but those bids have also been turned down.
For now, it appears that Discord, which has around 140 million users monthly, may go public with an IPO, as they've hired a financial chief to assist with their future plans. Meanwhile, Microsoft could be eyeing up yet another purchase in the form of Square Enix. Nothing is concrete, but the Japanese company is rumored to be looking for possible buyers.
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