Mozilla yesterday announced that they have negotiated a significant and mutually beneficial revenue agreement with Google. This new agreement will extend the long term partnership between Google and Mozilla for default search engine by at least another three years. By having Google has the default search engine, Mozilla earns its revenue for developing the Firefox project. Initial rumors where that Google doesn’t want to financially support Firefox, as it one of the major competitor to Chrome. The negotiations were held for about one month and yesterday, they finally came to an agreement.

You can read about the Mozilla statement here. This significant agreement will make sure that we would a better Firefox in days to come. For Firefox its best to stick with Google then moving to Bing or other search engine and for Google, its best to have millions of users to use Goggle search rather then using other search engine. They both have significantly gained from this agreement. The details of the agreement is not disclosed, but here is what they said about it

“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.