Internet Assigned Numbers Authority

The Internet Assigned Numbers Authority (IANA) is a function of ICANN, a nonprofit private American corporation that oversees global IP address allocation, autonomous system number allocation, root zone management in the Domain Name System (DNS), media types, and other Internet Protocol-related symbols and Internet numbers.
Before ICANN was established primarily for this purpose in 1998, IANA was administered principally by Jon Postel at the Information Sciences Institute (ISI) of the University of Southern California (USC) situated at Marina Del Rey (Los Angeles), under a contract USC/ISI had with the United States Department of Defense, until ICANN was created to assume the responsibility under a United States Department of Commerce contract. Following ICANN's transition to a global multistakeholder governance model, the IANA functions were transferred to Public Technical Identifiers, an affiliate of ICANN.

In addition, five regional Internet registries delegate number resources to their customers, local Internet registries, Internet service providers, and end-user organizations. A local Internet registry is an organization that assigns parts of its allocation from a regional Internet registry to other customers. Most local Internet registries are also Internet service providers.

Courtesy of Wikipedia

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