IPv4 addresses for sale!

Nortel, telecom equipment maker in Canada, went bankrupt. So now they're selling what they can. And it seems they will make a great buck out of their  666,624 IPv4 addresses, since they found such a wealthy bidder.

Microsoft has made an offer of $11.25( a total of $7.5 million)
a piece, and will be able to immediately use a block of 470,000 address, while the rest will become available after bankruptcy proceedings will end.

It seems that IPv4 addresses became quite a deal, especially after Internet Corporation for Assigned Names and Numbers (ICANN) announcement of handing out its last block of IPv4 addresses a few weeks ago.

It's very interesting how Microsoft was able to purchase the address block, despite ARIN's(The American Registry for Internet Numbers) policies that required the blocks to be returned by Nortel.