Google signs three-year search deal with Firefox, reportedly paying $300 million a year

Google ponies up a lot of money for search priviledges.

While Firefox might be losing some market share to Google Chrome in the past few months, it?s still an excellent browser that remains a favorite of many users around the world. But there was doubt on Google?s dealings with Mozilla once their search deal expired and whether they would renew it or not and that would drastically affect Mozilla?s annual revenue. Well worry not, because Google and Mozilla have announced that they?ve renewed their search deal for three years.

The two companies announced today that the deal will ensure that Google remains the default search engine for the browser for an undiscosed amount of money. Well, it was undisclosed officially but AllThingsD.com reports via unnamed sources that Google will be paying Mozilla a huge $300 million a year for that priviledge mainly beacuse both Microsoft and Yahoo were highly interested in the same thing. That?s a lot of money and should ensure smooth development of the brwoser for the next few years for sure.

What do you think?

Source: http://tbreak.com/tech/2011/12/google-signs-three-year-search-deal-with-firefox-reportedly-paying-300-million-a-year/

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