Mozilla, the company behind the popular open source Firefox web browser receives a great deal of revenue from it’s deal with Google wherein they make Google the default search engine and prominent placement in the search box. The deal between the two companies was set to end this year, and there was talk around the web that Google was set to not renew the deal now that its own web browser, Chrome, was gaining market share. Needless to say, such a deal ending would be very bad for Mozilla and the continued development of the Firefox browser.
Fortunately, according to Tom’s Hardware, Mozilla has managed to renew the Firefox Google search deal for an additional three years. While the exact amount of money Mozilla is paid by Google for the search box deal, the deal’s extension speaks well to Mozilla’s financial stability, and should give them time to build up their browser and explore additional revenue opportunities. Firefox currently holds about a quarter of the browser market, and its continued development is important to keeping the competition on its toes and prodding IE into being standards compliant. The site quoted Mozilla’s CEO Gary Kovacs in stating "this new agreement extends our long term search relationship with Google for at least three additional years," and that the deal between Mozilla and Google was "significant and mutually beneficial."
Are you glad that Firefox is going to stick around? The comment form is always open.