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April 20, 1992

IBM CREDIT CLARIFIES ITS POSITION OVER EMC

By CBR Staff Writer

Stamford, Connecticut-based IBM Credit Corp has been forced to clarify its initial response to the libel lawsuit brought by EMC Corp (CI No 1,903): it now says that in light of additional information from EMC, it may be that a third party was responsible for an action regarding the computer memory that IBM Credit is disputing; it said that EMC has now stated that a different company, not EMC, with which EMC had some type of business relationship, actually supplied the memory to the customer in question at the end of the customer’s lease; EMC also states that the memory was not provided on its behalf, because it had sold the contract relating to this customer to the other company, and therefore no longer had any obligation to supply memory to repopulate the machine, IBM said.

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