Just a month after the tie-up was announced, the firm said that West is no longer buying Parler.
The decision was made in the interests of both parties.
The rapper who changed his name to Ye made a number of anti-Semitic remarks.
The firms stopped working with him.
The BBC is not responsible for the content of external sites.View original tweet on TwitterIn response to numerous media inquiries, Parlement Technologies would like to confirm that the company has mutually agreed with Ye to terminate the intent of sale of Parler. This decision was made in the interest of both parties in mid-November.
— Parler (@parler_app) December 1, 2022
Parlement Technologies said in a statement that they had agreed to stop the sale.
The decision was made in the month of November.
The anti-Semitic content of West's posts caused his account to be restricted.
His account has been restored.
Conservatives and the far right like Parler because it is a "free speech" alternative to mainstream platforms.
Parler will continue to pursue future opportunities for growth and the evolution of the platform for our vibrant community, the firm said in its statement.