Dell says it has a deal to buy the data storage company Compellent Technologies for $884 million. The offer price is slightly more than Dell Inc. said it would pay last week, before the companies had signed a formal agreement. Dell says it will pay $27.75 per share for Compellent Technologies Inc., up from $27.50. But it is lower than Eden Prairie, Minn.-based Compellent's closing price of $28.71 on Friday. Dell, based in Round Rock, Texas, is trying to catch up with other tech firms that have branched into the business of storing and organizing data

ROUND ROCK, Texas - Personal computer maker Dell Inc. said Wednesday it has named the president and CEO of Royal Philips Electronics NV, Gerard Kleisterlee, to its board of directors.Dell also appointed longtime board member Alex Mandl as its new presiding independent director. Mandl takes over that role from former U.S. Senator Sam Nunn, 72, who is scheduled to retire from Dell's board in July. The presiding director oversees other independent board directors and helps set the meeting agenda with Dell founder, Chairman and CEO Michael Dell.Kleisterlee, 64, has been Royal Philips Electronics' CEO since 2001. The Dutch consumer

Tweeter Home Entertainment Group announces plans to close 19 stores, according to the company, which announced its earning results for the second fiscal quarter ending March 31, 2005. Tweeter expects to reduce its total workforce by approximately six percent as a result of the store closings. According to company reports, the closings represent almost 11 percent of all stores and 4.7 percent of revenue.   Total revenue from continuing operations decreased one percent to $185 million from $186 million in the same period last year while comparable store sales from continuing operations decreased four percent, says Tweeter. Operating loss from continuing operations for the quarter, according

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