updated 04:25 pm EST, Thu December 22, 2011
Google to pay $300m per year in Mozilla deal
When Google and Mozilla renewed their search royalty deal earlier this week, they didn't reveal that Google will pay $300 million per year, AllThingsD learned. For this amount of money, Google will be the default search engine in Mozilla's Firefox browser. The numbers are a sharp increase from the previous arrangement because of the new competition from Yahoo and Microsoft.
Microsoft's Bing was Google's main rival, and the company's Internet Explorer is still the top Internet browser. Google Chrome is catching up, however. Yahoo was in the running as well, but the price was too high.
In 2010, Google paid $103 million to Mozilla. The old deal expired at the end of November. Mozilla also has partnerships with Amazon, Bing, Yahoo, Yandex, and eBay.