News By Tag
News By Location
IPTrading.com Brokers the World's First Inter-regional IP Address Sale
The Asia-Pacific region effectively ran out of IPv4 addresses over a year ago, but demand for IPv4 addresses has persisted. This is the first successful purchase of North American addresses by an Asian buyer.
IPTrading.com, the first IP address broker to be registered with both ARIN and APNIC as a facilitator of IP address transfers, acted in that capacity to match an Asian buyer with an American seller to successfully complete the first inter-regional address sale. (http://www.apnic.net/
IPTrading.com's principal, Mike Burns, was instrumental in changing ARIN's IP address transfer policy to open the door to inter-regional transactions. His policy proposal 151 (http://lists.arin.net/
Once the policy change was operational, IPTrading.com tapped its network of buyers and sellers to locate an appropriate inter-regional transfer candidate. IPTrading.com represented both buyer and seller in this transaction, negotiating the submission and processing of the application through both the ARIN and APNIC registries. IPTrading.com also provided contracts and organized escrow services to facilitate a transaction safe for both parties.
IPTrading.com is the world's most experienced IP address broker, with transactions dating back over a decade. IPTrading.com is actively soliciting buyers and sellers, and has existing IP address inventory in Asia, North America, and Europe available immediately for sale or lease.
"This transaction proceeded relatively smoothly, considering that it was the first of its kind and required interaction and coordination with two separate registries, and with buyer and seller on opposite sides of the planet", said Mike Burns, President of IPTrading.com. "A robust and global IP address marketplace is an essential part of smooth IPv6 transition. This transaction lays the groundwork for such a marketplace. We look forward to using this experience to facilitate the processing of more and larger transactions in a safe and expeditious fashion."
IPTrading.com provides brokerage and associated services related to the buying and selling of IP addresses. The principals of IPTrading.com have an extensive background in this market, having engaged in the purchase and sale of IP addresses going back to 2001. IPTrading.com's expertise is essential in structuring the appropriate deal, whether it involves bankruptcy sale, the special rules related to legacy address rights, or inter-regional sales. Principals include Mike Burns, MIT '85, President of Nationwide Computer Systems and Tom Fantacone, MIT '84, Stanford '89, each with over 30 years experience in networking, management, and mergers and acquisitions.