As you can remember, the probable sale of Toshiba assets caused objections from Western Digital Corporation. In the tenth of April, Western Digital Corporation expressed confidence that it has some privileges in the acquisition of the semiconductor business of Toshiba, with which it has a joint venture. According to unofficial data, WD offered a relatively small amount for the Toshiba business, which is substantially less than other offers at the auction. The position of Western Digital threatens to hold an auction and is capable of canceling it, whereas for Toshiba this is literally a matter of life and death.
In early May, according to Reuters, Toshiba's lawyers sent Western Digital Corporation an official letter urging their partners to stop interfering in the sale of the business. Otherwise, Toshiba will use all possible ways for the compulsory termination of this initiative.
Moreover, the head of the legal department of Toshiba in a separate message to the management of Western Digital said that their company violates a number of previously signed agreements within the framework of the joint venture. If Western Digital Corporation does not withdraw its unauthorized requirements to Toshiba before May 15, after this number Western Digital employees will be blocked access to the intellectual property of the Japanese developer, databases and even forbidden entry to co-production.
It should be noted that the joint venture between Toshiba and Western Digital is divided by the principle of 50 to 50, which should exclude the decisive influence of this or that company on the rest of the joint venture. Therefore, for example, Toshiba did not need permission to purchase a share of the company owned by SanDisk earlier by Western Digital Corporation. In a similar situation, which is interesting, Western Digital demanded an exceptional relationship.