VeriSign has won the right to manage the .net internet registry for the next five years.
The .net registry covers around five million internet domains, as well as supporting an estimated three trillion web page views a year.
VeriSign was awarded the contract by the Internet Corporation for Assigned Names and Numbers (ICANN).
VeriSign has operated the .net registry since 2001 and its current contract was set to end this month. It beat a number of other bidders to win the ICANN contract.
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VeriSign already operates the mammoth .com domain name registry.