Mozilla Extends Lucrative Deal With Google For 3 Years
Mozilla, the organization behind the popular Firefox web browser, has extended its search deal with Google for another three years. In return for setting Google as the default search engine on Firefox, Google pays Mozilla a substantial sum – in 2006 the total amounted to around $57 million, or 85% of the companyÃ¢â‚¬â„¢s total revenue. The deal was originally going to expire in 2006, but was later extended to 2008 and will now run through 2011.
The deal will ensure that the Mozilla foundation will be able to continue with the development of Firefox, its mail client Thunderbird, and a number of other applications.
Full article: techcrunch.com