Microsoft Corp. and video chat company Discord Inc. they ended the refund negotiations after Discord rejected a $ 12 billion request, according to people familiar with the matter.
Discord is now focusing on future public registrations, people said, asking not to be identified because the matter is confidential.
Many other companies have also tried to buy Discord in recent weeks, people said. The ownership of these companies could not be read immediately.
Discord representatives and Microsoft declined to comment.
Place of Speech
The San Francisco-based Discord is best known for its free service that allows gamers to communicate via video, voice and text. People trapped at home during the epidemic have used their technology more and more in study groups, dance classes, book clubs and other visual events.
It has been expanding its communication tools to transform it into a “talking place” rather than just a game chat.
Bloomberg News previously reported that companies were in talks over the deal but that Discord may have made its first public contribution. Discord previously held talks with Epic Games Inc. and Amazon.com Inc. in the past, people familiar with the matter have said.
The Wall Street Journal had previously reported on ending sales negotiations.
Microsoft is always busy with previous deals. Earlier this month, he said he would buy a pioneer to speak for Nuance Communications Inc. in a total $ 19.6 billion total financial agreement.
Last year, it tried to buy the social media app TikTok and had negotiations to acquire Pinterest Inc., as it was looking for goods that would provide access to growing communities of users, people familiar with the matter said. Microsoft’s Xbox business has also been expanding the subscription sites it offers as part of its Game Pass offerings