Tuesday, 10 January 2012

Google pays approximately $100m per year to Mozilla

"Google has renewed a deal to remain the default search engine within Mozilla's Firefox web browser.
The non-profit foundation said it had "negotiated a significant and mutually beneficial revenue agreement" with Google for the next three years.
Some analysts had predicted Google would back out of the deal as it tries to grow the market share of its Chrome browser.
Mozilla relies heavily on the income generated by search partnerships.
In its accounts for 2010, the Mozilla Foundation said it earned $121.1m (£77m) from agreements with Google, Microsoft and others. The Google agreement was thought to make up about 85% of that amount."
Source:  BBC News, 21st December 2011

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