… And Weiss & Lurie

Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is monitoring the proposed sale of Compellent Technologies Inc. to Dell Inc.

Under the terms of the proposal, Compellent shareholders will receive $27.50 for each share of Compellent. The total value of the transaction is approximately $876 million.

Weiss & Lurie is investigating whether Compellent’s Board is acting in the best interests of shareholders in considering the proposed transaction, whether it is seeking to maximize shareholder value, and the potential conflicts of interests among Compellent’s Board members.

Dell’s bid of $27.50 is an approximately 18% discount to Compellent’s closing share price of $33.65 on Wednesday, December 9, 2010. Further, as recently as December 6, 2010, an analyst set a price target of $40.00 for Compellent shares, representing a premium of approximately 45% to Dell’s $27.50 per share proposal.