We have reported that Yahoo is currently up for sale. What is not known is that the biggest winner in a potential sale of the company may actually be the foundation Mozilla, which is expected to earn a billion dollars!
Recode has revealed a clause in the Mozilla contract with Yahoo that says that if he does not like the Yahoo buyer, Mozilla is entitled to three annual installments of 375 million dollars in 2019.
Είναι μέρος μιας συμφωνίας που επετεύχθη από τη διευθύνοντα σύμβουλο της Yahoo Marissa Mayer το 2014, καθιστώντας την εταιρεία την προεπιλεγμένη μηχανή αναζήτησης για τον browser Firefox Mozilla.
In a statement, Mozilla's spokesman said:
Each of the search collaborations is the result of a competitive process that reflects the value of Firefox in the ecosystem. The relationship with Yahoo is no different.
Note that Mozilla's main form of income (90 percent) is the deals it makes for search, according to Recode. Google was paying 300 millions dollars per year, but Mayer, in an effort to bring Yahoo's search engine to Firefox, seems to have committed to something more.
But that doesn't mean the Mozilla Foundation will get them money, but it could. The penalty clause does not list any criteria for what reasons the Mozilla foundation could present to get the money, making the agreement very loose.
Let us also mention that the new owner may not want to pay and that this could prevent Yahoo's sale.
But whatever the agreement leaves the Mozilla Foundation free. He can redeem the money and also sign a new contract directly with another company (Google or Bing). Yahoo and Marissa Mayer sound like the losers of the case.
