Mozilla, Google deal worth $900 million

Dec. 24, 2011 at 2:55 PM
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MOUNTAIN VIEW, Calif., Dec. 24 (UPI) -- U.S. Internet company Mozilla, a non-profit company, has been set up for an enormous revenue leap with a new deal with Google, sources told Web site AllThingsD.

Mozilla and Google announced Tuesday Google would remain the default search engine in Mozilla's Firefox Web browser for the next three years, but the terms of the deal were not disclosed.

Sources, however, said Mozilla will be paid $900 million over three years, greatly increasing its revenue, which was $123 million for 2010 -- 84 percent of which came from Google.

Google beat out Microsoft's Bing and Yahoo! for the deal, but Mozilla appears to have them to thank, as the competition for the business apparently pushed the price of the deal higher, AllThingsD reported.

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