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Last updated on April 17, 2014 at 9:21 EDT

Google And Mozilla Come To A New Agreement

December 21, 2011

Google and Mozilla have come to a new three-year agreement for Google to be the default search option in the Firefox browser.

Mozilla announced, “We´re pleased to announce that we have negotiated a significant and mutually beneficial revenue agreement with Google. This new agreement extends our long term search relationship with Google for at least three additional years.”

The financial amount of the deal was not disclosed but it is noted by Jon Brodkin of ArsTechnica that in 2010 Google provided Mozilla with 84 percent of their $124 million in revenue, which was 18 percent higher than 2009.

Mozilla´s Firefox browser is in a unique position in that they also compete with Google´s Chrome web browser. But CNET reports that Chrome is designed to “speed up the Web and improve it as a foundation for applications, not to squeeze other browsers off the internet.” While Mozilla´s objective is to provide open source software for the internet public.

Also according to Statcounter Google Chrome overtook Firefox in global usage for the first time. Each browser commands around 25 percent of the browser market share.

Google and Mozilla´s previous agreement recently expired in November 2011 and was originally signed in 2008. Mozilla has been courting other search providers recently. In Firefox 4 released earlier this year Microsoft´s Bing search engine was provided as an option and in October was provided as the default search option.

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Source: RedOrbit Staff & Wire Reports