Microsoft recently made an offer for net addresses to pay an amount of USD $7.5 million from the firm Nortel which is currently known as bankrupt telecom company, reports claimed.

Actually an auction was made of IPv4’s 666,624 IP addresses as part of the assets’ sale of this above mentioned bankrupt telecom company i.e. Nortel and Microsoft made an offer of USD $7.5 million for these IP addresses.

IPv4’s blocks are extremely valuable because this generation’s pool of IP addresses is considered pretty close to running dry.

The experts had predicted that IPv4’s market would appear pretty attractive especially to those companies that are seen facing a fear factor to move their setups to newer IPv6 only because of heavy costs involved in this process.

Further details to above mentioned Nortel’s assets’ sale were only available to the legal papers that are currently under bankruptcy court’s custody of Delaware.

This detail clearly showed that Microsoft was the top of the list of bidders as made maximum bid to acquire these 666,624 IPv4 net addresses.

More or less 80 firms had participated in this bid scheme but Microsoft was on top with USD $7.5 million, reports claimed.

Though Microsoft’s bid is being described as maximum among other 80 companies or firms that participated in this bid of acquiring or purchasing IPv4 net addresses but the deal would not be effective until it gets approved by Delaware bankruptcy court.

Any complaint in objection of this deal can be filed in the same bankruptcy court of Delaware on or before April 4, reports claimed.

Nortel Facing Bankruptcy