In the event a takeover bid is triggered, Western Digital under the JDA have the right of first refusal to allow a counter offer.
Western Digital also have the option to purchase a 20 year Non-Exclusive License, however this is highly unlikely as there will be many restriction / disadvantages in this deal for Western Digital.
Due to the market disruptive nature of our memory cell and it’s ability to address today’s challenges, our technology will be considered as a strategic asset across both AI and Memory industries.
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