Dell sued by Finnish company over $70M price increase for data centre servers

joshstrange

> It [Finnish Company] says it agreed to pay an additional $5 million above the quoted price in order to avoid exposure to future price increases. > Initial delivery times slipped by two months and Dell then said that due to an increase in the cost of component parts, XTX would be required to pay an additional sum of between $62 million and $70 million. Dell has also suggested it might seek to impose further increases under the agreement between the companies. > Dell, in its responses, said it was not willing to lose tens of millions of dollars on the transaction. It said other customers faced with price increases had gone to other suppliers but had come back to Dell and agreed to the price adjustments. > Scott Hill said Dell expressed that it was “embarrassed” by the situation. Is there any other response besides "Screw Dell"? Dell had no qualms taking the company's money to "lock in the price" but as soon as they realized they weren't getting as good of a deal they wanted to renege. You don't get to eat your cake and have it too Dell... Also > It said other customers faced with price increases had gone to other suppliers but had come back to Dell and agreed to the price adjustments. Just gross. "Other people tried to go elsewhere and came crawling back", I hope Dell gets smacked hard for this behavior.