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Google acquired Mozilla Firefox
Google just announced today that it has acquired Mozilla Firefox, the popular web browser known for its emphasis on privacy and open-source principles.
As of 2021, Mozilla (including both the foundation and the corporation) had total assets exceeding $1.1 billion USD
As of August 2023, Firefox holds the rank of the world’s 4th-leading browser.
Google notes that it has acquired Mozilla for $1.69 Billion USD. While Google's Chrome browser has long dominated the market, Firefox has maintained a loyal user base due to its focus on user privacy and customisation options.
Sundar Pichai, CEO of Google, said "We are excited to welcome Mozilla Firefox into the Google family. We believe that by combining our resources and expertise, we can deliver even greater value to users around the world."
You can read more about the deal on the Google Blog.
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