Microsoft Offers $7.5 Million to Buy 666,624 IPv4 Addresses

Home / News

Microsoft Offers $7.5 Million to Buy 666,624 IPv4 Addresses

By CircleID Reporter
March 25, 2011, 3:33 pm PDT Views: 18,608 Add Comment

Jaikumar Vijayan reporting in InfoWorld: “Microsoft has agreed to pay $7.5 million to purchase a block of 666,624 IPv4 addresses from bankrupt Canadian telecom equipment maker Nortel in a move that some see as a signal of the increasing value of IPv4 addresses. Last week, Nortel filed a motion seeking approval for the sale from the Bankruptcy Court for the District of Delaware. If the deal is approved, Microsoft would assume control of the IPv4 addresses, currently owned by Nortel, for about $11.25 a piece.”

Related Links:
Microsoft spends $7.5 million on IP addresses DomainIncite, Mar.25.2011
Microsoft offers $7.5 million for IPv4 addresses InfoWorld, Mar.25.2011

By CircleID Reporter — CircleID’s internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us.
Visit Page

Filed Under

IPv4 Markets

Comments

The Weekly Wrap

More and more professionals are choosing to publish critical posts on CircleID from all corners of the Internet industry. If you find it hard to keep up daily, consider subscribing to our weekly digest. We will provide you a convenient summary report once a week sent directly to your inbox. It's a quick and easy read.