… Already Investigated by Tripp Levy

Tripp Levy PLLC, a national securities firm, announces an investigation into the proposed acquisition of Compellent Technologies Inc. by Dell Inc.

On December 13, 2010, Compellent announced that it entered into a definitive merger agreement for Dell to acquire Compellent’s outstanding shares for $27.75 per share.

The investigation concerns, among other things, whether the consideration to be paid to Compellent shareholders is grossly unfair, inadequate, and substantially below the fair or inherent value of Compellent. Indeed, analysts have projected that Compellent’s true inherent value is at least $40 per share.

In addition, on December 16, 2010, Compellent announced that its Board of Directors had adopted a stockholder rights plan, which was enacted to prevent an unsolicited bid by a third party to acquire Compellent, despite whether such acquisition will result in a higher buyout price for Compellent’s shareholders.

The investigation further concerns whether the board of directors of Compellent may have breached their fiduciary duties by not acting in Compellent shareholders’ best interests in connection with the sale process of Compellent.