Mozilla has announced it has reached an agreement with Google for the Internet giant to be the default search partner on Firefox browser. As expected, the terms of the agreement were not disclosed but Mozilla did mention the agreement would last for at least three years. The earlier agreement, which was signed in 2008, expired last month. Google accounts for more than two-thirds of Mozilla’s revenues and it wasn’t clear whether Google would renew the agreement after its Chrome browser became a serious competitor to Firefox in the last couple of years. Both the browsers are estimated to have close to 25 percent global market share. Read on for the press release issued by Mozilla.
Mozilla and Google Sign New Agreement for Default Search in Firefox
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.
“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,” said Gary Kovacs, CEO, Mozilla.
“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,” said Alan Eustace, Senior Vice President of Search, Google.
The specific terms of this commercial agreement are subject to traditional confidentiality requirements, and we’re not at liberty to disclose them.