Google Inc. (NASDAQ:GOOG) has renewed its search deal with Mozilla Firefox.
Google Inc. (NASDAQ:GOOG) Renews Firefox Search Deal Though the companys own
Chrome has surpassed Mozilla Firefox to become the second-most popular web
browser, Google Inc. (NASDAQ:GOOG) has renewed its search deal with Mozilla.
Google Inc. (NASDAQ:GOOG) will continue to provide royalties to Firefox for
making the company the default search option in the upper-right hand corner of
Mozilla Firefox. Though both companies are not ready to provide the value of the
deal, it is estimated at $85 million. A Google Inc. (NASDAQ:GOOG) spokesman
said, "We can confirm that we still have a deal with Mozilla, but have nothing
new to share at this time". Google Inc. (NASDAQ:GOOG) shares were at 625.65 at
the end of the last days trading. Theres been a 19.2% change in the stock price
over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.17 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.22 Zacks Rank: 2 out of 30 in the industry
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