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By Jose Vilches
Mozilla has just announced it is renewing its search partnership with Google for another three years, putting to rest concerns that the non-profit organization could lose its primary source of revenue.
Financial details of the agreement were not disclosed beyond Mozilla's comments that it will be significant and mutually beneficial for both parties. In 2010, Google contributed 84% of Mozilla's $123 million total revenue.
The previously standing three-year arrangement had expired at the end of November. Mozilla said at the time that it was in "active negotiations" with Google, but with Chrome steadily growing its market share many believed Google could use that as leverage to cut down on a competitor or just let them go.
Read more at http://www.techspot.com/news/46747-...-agreement-for-default-search-in-firefox.html
Mozilla has just announced it is renewing its search partnership with Google for another three years, putting to rest concerns that the non-profit organization could lose its primary source of revenue.
Financial details of the agreement were not disclosed beyond Mozilla's comments that it will be significant and mutually beneficial for both parties. In 2010, Google contributed 84% of Mozilla's $123 million total revenue.
The previously standing three-year arrangement had expired at the end of November. Mozilla said at the time that it was in "active negotiations" with Google, but with Chrome steadily growing its market share many believed Google could use that as leverage to cut down on a competitor or just let them go.
Read more at http://www.techspot.com/news/46747-...-agreement-for-default-search-in-firefox.html