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

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.

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