A warehouse full of new servers and data storage assets will be auctioned online after the US Department of the Interior's decision not to renew a 2005 IT lease with a minority contractor resulted in $10 million in surplus equipment, according to Chris Rasmus of online liquidator Rasmus Auctioneers.
"It seems like a terrible waste of money," says Rasmus in a Web Host Industry Review report. "Besides the $10 million in equipment, an additional $5 million in tech-support, user licenses and support agreements have gone up in smoke."
The entire inventory, which includes hundreds of Egenera blade servers, EMC Centera servers, switch blade servers, switchgear and ADIC digital tape libraries is online to be sold to the highest bidder regardless of price.
The equipment will be sold exclusively online via an auction on September 12 at 2 p.m. EST. Rasmus says that the bank ordered liquidation will resemble an "e-bay sale on steroids", in that it will sell many items to many buyers instead of having a one item to one buyer ratio.