New.net adds to registry services

New.net, an Internet start-up aiming to speed up the domain-name registration process, says it has acquired Basic Fusion, a registry services provider. New.net said it acquired Basic Fusion's registry software, intellectual property and related assets associated with the operation of the registry business. Terms of the deal were not disclosed. New.net said Basic Fusion will keep its name and operate as a wholly owned subsidiary of the Internet start-up. In October, New.net released a new domain name suffix, .movie.