The Seattle-based Amazon is buying a number of pianos from Roland Digital Piano, which has been in business for more than 40 years.
Amazon announced Wednesday that it will buy the digital piano, which was founded in 2013 by John Roland, a pianist and musician who is now a partner at the firm.
The deal is valued at $5.2 billion.
Roland’s father, James Roland Jr., also founded the company.
Amazon purchased the digital piano in May.
The pianos are used in concert halls and on concert stages around the world.
“It is a great asset to Amazon as we work with the new roland studio to bring them to the stage in our new Seattle studios,” said Jeff Bezos, Amazon’s chief executive.
“I am excited to share the opportunity to partner with this company and to bring the piano to the new Seattle studio.”
Roland said in a statement that the purchase of the piano is a “transformative” development for Amazon.
“With this acquisition, we have secured the ability to continue delivering a high-quality, high-performing, high quality, and affordable digital piano for our customers, while also helping Amazon reach new heights,” Roland added.
“We are delighted to continue working with Amazon to bring pianos and music to audiences around the globe.”
Amazon is the largest e-commerce platform by market share in the U.S. and has been one of the most profitable companies in the world, according to Bloomberg.
It’s a leader in online video, books and music.
Its music streaming service, Amazon Prime Video, has more than 11 million subscribers.