… And Levi & Korsinsky …

Levi & Korsinsky is investigating the Board of Directors of Compellent Technologies, Inc. for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Dell Inc. Under the terms of the transaction, Dell will pay $27.75 per share in cash for each share of Compellent for a total equity value of approximately $960 million, and an aggregate purchase price of approximately $820 million, net of Compellent’s cash.

The investigation concerns whether the Compellent Board of Directors breached their fiduciary duties to Compellent stockholders by failing to adequately shop the Company before entering into this transaction and whether Dell is underpaying for Compellent shares, thus unlawfully harming Compellent stockholders.

In particular, Compellent stock traded at $34.16 per share as recently as December 8, 2010 and at least one analyst set a price target for Compellent stock at $40.00 per share.