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Microsoft buys old net addresses

Microsoft buys old net addresses

Microsoft has offered to pay $7.5m (£4.7m) for net addresses from bankrupt telecoms firm Nortel.

The 666,624 IP version 4 (IPv4) net addresses were put up for auction as part of the sell-off of Nortel’s assets.

Blocks of IPv4 are valuable because the pool of this generation of address is close to running dry.

It was predicted that a market in IPv4 would appear among companies facing a costly migration to the newer IPv6.

Details of the sale were contained in papers filed to a Delaware bankruptcy court and show that Microsoft’s bid was the highest of the 80 firms asked if they wanted to make an offer for the IP addresses.

Read More/Source: BBC News

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