Key facts
- XTX Markets is suing Dell Technologies over a data centre project.
- The amount in dispute is $619 million.
- XTX Markets alleges Dell overcharged and breached contract terms.
XTX Markets, a leading quantitative trading firm, has filed a lawsuit against Dell Technologies, seeking to resolve a significant financial dispute. The core of the legal action revolves around a substantial $619 million data center project. XTX Markets alleges that Dell Technologies has overcharged for services and equipment related to this project and has potentially breached contractual obligations. The firm is seeking to recover damages and resolve the financial discrepancies arising from the data center development.