Dell allegedly received billions to use only Intel chips

Posted on Friday, February 02 2007 @ 19:36 CET by Thomas De Maesschalck
An investor is planning to sue Dell, claiming the company improperly accounted for hundreds of millions of dollars in payment from Intel:
In a lawsuit filed Wednesday by class action lawyer William Lerach, plaintiffs allege that the computer giant was receiving as much as $1 billion a year in "secret and likely illegal" kickbacks from Intel to ensure that Dell used no other chipmaker, the Journal said.

The suit was filed in the U.S. District Court in Austin, Texas, it said. Officials at the law firm could not immediately be reached for comment.

A Dell spokesman said the company does not comment on pending litigation. The company has not seen the lawsuit, he added.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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