In a major development, Mozilla has extended its deal with Google retaining the latter as the default search engine for its Firefox browser till 2023. The deal is finalized with an estimated $400-450 million per year.

The three-year deal is set to be announced in November 2020 when Mozilla discloses its FY19 financial figure. The older deal is scheduled to expire at 2020-end.

Mozilla spokesperson said “Mozilla’s search partnership with Google is ongoing, with Google as the default search provider in the Firefox browser in many places around the world. We’ve recently extended the partnership, and the relationship isn’t changing.”

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Mozilla has long term plans to build revenue streams from subscription-based services and reduce dependence on Google search – which has historically accounted for 75-90 percent of the company’s annual budget since 2006.