Mozilla renews its search agreement with Google

by homesense
0 comment

Many sources say that Mozilla and Google are expected to extend their current search agreement to three years, which means Google will remain the default search engine in Firefox for the next three years.

The agreement ensures that Google will remain the default search engine provider in the Firefox browser until 2023, with an estimated transaction price of between $ 400 million and $ 450 million annually. Mozilla employees are expected to announce the agreement in their annual financial reports in November.

The terms of the new contract were leaked to reporters after Mozilla announced plans to lay off more than 250 employees on August 12, causing many worries to worry about the company’s future. However, several sources have confirmed that the company remains financially sound and that layoffs are only part of the restructuring process.

Mozilla’s long-term plan is to create its source of revenue for subscription services and reduce reliance on Google’s search agreement, which accounts for between 75% and 95% of the total annual budget. The company since the two companies started a partnership in 2006 (of which there was a hiatus from 2014 to 2017 when Mozilla signed a deal with Yahoo).

Existing business plans include the recently launched VPN service enhancement and expansion. In addition, Mozilla may acquire new technology projects for the purpose of integrating them into their product portfolio. Mozilla initially declined requests for comment, until a rare recent statement: “Mozilla’s search partnership and Google are still going on with Google as the default search provider in Firefox browser in many parts of the world. Recently, we have extended the partnership and this relationship will remain unchanged. “

Related Posts

Leave a Reply