From http://www.detnews.com/article/20111201/BIZ/112010483/1361/Borders-selling-I...
Borders selling Internet addresses for $786,000 Bill Rochelle/ Bloomberg News Borders Group Inc., the liquidated Ann Arbor-based bookseller, will generate $786,000 by selling Internet addresses, thanks to the current shortage. In September, Borders was authorized to sell most of the intellectual property to Barnes & Noble Inc. for $13.9 million. Borders' block of 65,536 IPv4 Internet protocol numbers weren't sold. After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing. The sale to Cerner is scheduled for approval at the Dec. 20 hearing where Borders also hopes the bankruptcy court will confirm the liquidating Chapter 11 plan. The plan distributes assets in the order of priority called for in bankruptcy law. The disclosure statement says unsecured creditors with $812 million to $850 million in claims can expect to recover from 4 percent to 10 percent. The projected recovery doesn't include proceeds from lawsuits. Borders completed liquidating the remaining stores in September and separately sold store leases and intellectual property. Borders had 642 stores on entering bankruptcy in February and was operating 399 when the final liquidations began. It listed assets of $1.28 billion and liabilities totaling $1.29 billion.
In a message written on Thu, Dec 01, 2011 at 11:04:23PM -0500, Michael R. Wayne wrote:
After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing.
Someone should tell Cerner Corp you can still get them for free, and thus they overpaid by oh, $12 an address! -- Leo Bicknell - bicknell@ufp.org - CCIE 3440 PGP keys at http://www.ufp.org/~bicknell/
On Fri, 2 Dec 2011, Leo Bicknell wrote:
In a message written on Thu, Dec 01, 2011 at 11:04:23PM -0500, Michael R. Wayne wrote:
After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing.
Someone should tell Cerner Corp you can still get them for free, and thus they overpaid by oh, $12 an address!
I'm waiting for someone to come back and balk at $12/address, and try to reduce the number of addresses they buy, forgetting that pesky powers-of-two business: "In the interest of containing the cost of the deal, XYZ Corp has agreed to buy 27,000 addresses instead of the original 65,536." That will be a definite facepalm moment. jms
-----Original Message----- From: Justin M. Streiner [mailto:streiner@cluebyfour.org] Sent: 02 December 2011 19:26 To: Leo Bicknell Cc: NANOG Subject: Re: IP addresses are now assets
On Fri, 2 Dec 2011, Leo Bicknell wrote:
In a message written on Thu, Dec 01, 2011 at 11:04:23PM -0500, Michael R. Wayne wrote:
After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing.
Someone should tell Cerner Corp you can still get them for free, and thus they overpaid by oh, $12 an address!
I'm waiting for someone to come back and balk at $12/address, and try to reduce the number of addresses they buy, forgetting that pesky powers- of-two business: "In the interest of containing the cost of the deal, XYZ Corp has agreed to buy 27,000 addresses instead of the original 65,536."
That will be a definite facepalm moment.
jms
So about a /18 a /19 a /21 and a /23 then ;-) -- Leigh ______________________________________________________________________ This email has been scanned by the Symantec Email Security.cloud service. For more information please visit http://www.symanteccloud.com ______________________________________________________________________
From nanog-bounces+bonomi=mail.r-bonomi.com@nanog.org Fri Dec 2 13:29:31 2011 From: Leigh Porter <leigh.porter@ukbroadband.com> To: "Justin M. Streiner" <streiner@cluebyfour.org>, Leo Bicknell <bicknell@ufp.org> Subject: RE: IP addresses are now assets Date: Fri, 2 Dec 2011 19:29:43 +0000 Cc: NANOG <nanog@nanog.org>
-----Original Message----- From: Justin M. Streiner [mailto:streiner@cluebyfour.org] Sent: 02 December 2011 19:26 To: Leo Bicknell Cc: NANOG Subject: Re: IP addresses are now assets
On Fri, 2 Dec 2011, Leo Bicknell wrote:
In a message written on Thu, Dec 01, 2011 at 11:04:23PM -0500, Michael R. Wayne wrote:
After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing.
Someone should tell Cerner Corp you can still get them for free, and thus they overpaid by oh, $12 an address!
I'm waiting for someone to come back and balk at $12/address, and try to reduce the number of addresses they buy, forgetting that pesky powers- of-two business: "In the interest of containing the cost of the deal, XYZ Corp has agreed to buy 27,000 addresses instead of the original 65,536."
That will be a definite facepalm moment.
jms
So about a /18 a /19 a /21 and a /23 then ;-)
Methinks it ought to be restricted to some combination of a /17, a /19, a /23, a /29, and a /31. It's all 'prime' number-space, after all. <groan.
On Dec 1, 2011, at 23:04, "Michael R. Wayne" <wayne@staff.msen.com> wrote:
After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing.
Clearly the addresses with the last octet of 00 and ff should be discounted, since no one wants to be zero, and ff just seems to get everyone's attention. -cjp
I have acres on the moon that are up for sale. On Fri, Dec 2, 2011 at 11:18 AM, Christopher J. Pilkington <cjp@0x1.net> wrote:
On Dec 1, 2011, at 23:04, "Michael R. Wayne" <wayne@staff.msen.com> wrote:
After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing.
Clearly the addresses with the last octet of 00 and ff should be discounted, since no one wants to be zero, and ff just seems to get everyone's attention.
-cjp
I have a boatload of IPv6 addresses I'm willing to sell at the low, low price of $.01 each. -----Original Message----- From: Christopher J. Pilkington [mailto:cjp@0x1.net] Sent: Friday, December 02, 2011 12:18 PM To: Michael R. Wayne Cc: NANOG Subject: Re: IP addresses are now assets On Dec 1, 2011, at 23:04, "Michael R. Wayne" <wayne@staff.msen.com> wrote:
After negotiating with multiple prospective buyers, Cerner Corp. agreed to buy the Internet addresses for $12 each. Other bids were as low as $1.50 each, according to a bankruptcy court filing.
Clearly the addresses with the last octet of 00 and ff should be discounted, since no one wants to be zero, and ff just seems to get everyone's attention. -cjp
"John Lightfoot" <jlightfoot@gmail.com> wrote;
I have a boatload of IPv6 addresses I'm willing to sell at the low, low price of $.01 each.
Good for you. _I_ have somewhat over 17.8 million IPv4 addresses, in 3 large blocks, for which I will sell my 'right to use', at half your offering price.
On Thu, Dec 1, 2011 at 10:04 PM, Michael R. Wayne <wayne@staff.msen.com> wrote:
From http://www.detnews.com/article/20111201/BIZ/112010483/1361/Borders-selling-I... Borders selling Internet addresses for $786,000
Your IP address is an "asset" like the office you rent to setup a business in. Happening to be the occupant gives you certain rights, but it doesn't automatically make the space some property that the occupant automatically gains ownership of. If your lease permits it, you can probably re-sell your right to occupy the space, so long as the lease says you can do that, and you follow all the terms and requirements agreed upon. So there's no issue with Borders "selling" addresses, so long as the proper policies are being followed for transfer of addresses. What underlies all the "occupants" of IP address space, are agreements with IP address registries, and the community, to provide unique usage of IP addresses. The existence of unique IP addresses exist only because of the community and the address registries' efforts; the community "owns" the uniqueness of IP addresses, which is a kind of intangible property, because they built this, and you own what you build. That is... uniqueness of IP address entries in an address registry you operate doesn't happen by accident. -- -JH
participants (9)
-
Christopher J. Pilkington
-
Ishmael Rufus
-
Jimmy Hess
-
John Lightfoot
-
Justin M. Streiner
-
Leigh Porter
-
Leo Bicknell
-
Michael R. Wayne
-
Robert Bonomi