Mozilla to get nearly $300M a year from its renewed deal with Google: report

Mozilla will reportedly get nearly three times as much for making Google its default search engine in its Firefox browser.

According to AllThingsDigital, Google will now pay the non-profit organization behind the open source web browser $300 million per year over the next three year to remain the default search engine in Firefox.

Previously, Google was paying just $100 million per year.

Google and Mozilla recently announced that they had extended their partnership for next three year. Mozilla described the renewed deal as mutually beneficial revenue agreement. Alan Eustace, senior vice president of search at Google, said, "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."

There had been speculations that the deal between Google and Mozilla was under threat due to rival bids from Microsoft and Yahoo, as well as the rise of Google own web browser, Chrome.