Several months ago, reports came in that Japan-based Toshiba, Fujitsu and Vaio were planning to merge their PC divisions into one company. Now, a new report claims that merger may not happen after all.

According to The Wall Street Journal:

Japan Industrial Partners Inc., a fund that purchased a controlling stake in Vaio from Sony Corp. in 2014, has already left the negotiations, they said. Fujitsu is still in discussions with Toshiba, but neither wants to take a majority of the proposed joint company, putting the talks at risk of falling apart, said several people briefed on the matter.

The merger talks reportedly started in December, with the idea that combining the three PC divisions would create a new and better company in the smaller PC market. However, it would appear that Toshiba, Fujitsu and Vaio could decide to go ahead and move on without any deal.