I don't see it this way at all.WD have over US$9Bn debt with...

I don't see it this way at all.

WD have over US$9Bn debt with only roughly $4BN cash in hand. In this scenario they'd use all of (or a significant portion of) their cash... There is important context - in the last 12 months WD had some epic lowlights:
-2023 net loss of $1.17bn
-failed merger with Kioxia
-failed to spin off HGST

given they're operating at a loss they need to protect their cash reserves. And a company that is not attractive enough to merge with or sell part of its business off...

What I see in WD is a business who is probably not focussing on acquisitions right now, until it sorts its other priorities out. Maybe we could see a loooooow ball offer, but what is more likely is they execute the licence agreement - only have to pay per use without stumping up with all the cash.

this is one of the reasons I believe 4DS should let the JDA just expire and not renew - I can't see it being an "asset" to 4DS anymore.



By way of comparison Samsung has us$60Bn cash in hand with $9bn debt. We want a company like this to buy us out - big checkbooks, healthy & stable profit making business etc.. There are plenty of companies that better suit the mold for buying 4DS than WD.