The Mozilla Foundation, the non-profit benefit software development organization behind the popular Firefox browser, today announced it has formed a wholly owned subsidiary to be known as The Mozilla Corporation.
The Mozilla Corporation is now a taxable subsidiary that serves the non-profit, public benefit goals of its parent, The Mozilla Foundation, and the now vast Mozilla community. It will continue to create and distribute open and free-of-charge end-user products, such as the Firefox browser and the Thunderbird email client.
The Mozilla Foundation was launched two years ago and since then, The Mozilla Foundation has seen an unprecedented success, with its flagship product Firefox now approaching a 10% percent market share of worldwide Internet usage and surpassing 75 million downloads.
Mitchell Baker, president of The Mozilla Corporation said,
"The formation of the Mozilla Corporation gives the Mozilla Foundation new capabilities for becoming even more successful in delivering innovative open source end-user products. The Mozilla Corporation is not a typical commercial entity. Rather, it is dedicated to the public benefit goal at the heart of the Mozilla project, which is to keep the Internet open and available to everyone."
The broad adoption of Firefox appears to have created significant economic value in The Mozilla Foundation. We only hope this value - and the resulting ability to now generate revenue - can be used to make the Mozilla project self-sustaining and help keep the Internet open and diverse.
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