Microsoft offers $7.5M for 666,624 IPv4 addresses

Sometimes, just knowing how much money Microsoft has stashed borders on absurd. Really? 7.5 mill for some freaking IP addresses? REALLY? 

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. 

computerworld.com has the article