Nortel, in bankruptcy, sells IPv4 address block for $7.5 million.

The March 23 edition of the Dow Jones Daily Bankruptcy Report has reported that Nortel’s block of 666,624 IPv4’s was sold for $7.5 million – a price of $11.25 per IP address. The buyer of the addresses was Microsoft. More information is in its filing in a Delware bankruptcy court. Now the interesting question becomes, does the price of IPv4s go up or down from here?

Source: Internet Governance Project