Mozilla signs on for another 3 years with search engine Google
Google will continue to act as the default search engine for Firefox after negotiations were finalised to extend the contract for another three years.
The team at Mozilla made the news official in a blog post (December 20) that indicated both parties were pleased to continue their working relationship.
"Under this multi-year agreement, Google Search will continue to be the default search provider for hundreds of millions of Firefox users around the world," wrote Gary Kovacs, chief executive officer of Mozilla.
Kovacs was also clear about the benefits the deal would have for both Mozilla and Google when it came to increasing online revenue.
It is clear that the partnership will benefit the web browser and keep its profit margins in the black – the brand generates most of its net income from search activity.
Earlier this year it was revealed that about 98 per cent of the company's revenue came directly from partnerships with major search engines such as Google, Yahoo and Microsoft.
And according to Mozilla's annual report – which was released on October 10 this year – the brand made more than $US120 million as a direct result of strategic partnerships.
It seems that Google is equally pleased with the outcome and the opportunity to continue growing its already rapidly expanding consumer base.
Senior vice president of search at Google Alan Eustace said working with Mozilla provided the company with another platform to attract customers.
"Mozilla has been a valuable partner to Google over the years and we look forward to continuing this great partnership in the years to come."
The terms and conditions placed on the contract have yet to be made public and both companies have been reluctant to place a dollar value on the agreement.
But it is expected that the actual figures will run into the 'millions of dollars' category when or if they are finally made public.
Posted by Aimee McBride