Tech giant Microsoft recently showed it talking to TikTok about a possible acquisition of viral app operations in the U.S. And other countries, which resulted in a significant increase in the percentage value and overall value of the company.
Business Insider noted that Microsoft’s percentage value had increased by more than 5% as a result of the news, corresponding to an accumulation of about $77 billion over Microsoft’s overall market value. The company now has a value of more than $1.6 trillion.
Microsoft plans to have full acquisition talks with TikTok owner ByteDance until September 15. The social media platform Twitter would also be interested in buying TikTok’s operations in the United States. Apple, Google and Facebook have also reportedly expressed some interest in buying TikTok. As far as it’s worth, facebook’s Instagram app just added a new feature called “Reels” that borrows the fundamental concept of TikTok.
CNBC reported that Microsoft could end up paying between $10 billion and $30 billion to get TikTok’s operations in the U.S., determining how the deal is being implemented and the corporate percentage that Microsoft can assume. This would make it one of the largest acquisitions of Microsoft in its history in the acquisition price. By comparison, Microsoft paid $26.2 billion to buy LinkedIn, while the company paid $8.5 billion to buy Skype and $2.5 billion to buy Minecraft and developer Mojang.
Microsoft shut down the Mixer streaming site last month as it continues its business-related business. It is not known how or whether an acquisition of TikTok can be included in the Xbox business in the run-up to the xbox X Series release. This can be as undeniable as Xbox classified ads that appear in the app or more in depth. integration to share videos, but at this point, those are just assumptions.
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