Amazon has signed a $400 million deal with HP to print its own printers, in a move that could be the company’s biggest acquisition since the purchase of printer maker HP in 2006.
The move could give Amazon a foothold in the $2 trillion inkjet market and expand the inkjet maker’s portfolio of products, including printers.
Amazon said in a statement that HP was one of several printer makers that the company acquired during its acquisition spree last year.
The $400-million deal with Amazon is the largest in HP’s inkjet line-up, according to a person familiar with the matter.
HP’s HP InkJet 400 and HP Inkjet 500 line-ups are among the top-selling inkjet products, and Amazon’s HP i360 and HP i400 line-arses are the most popular models.
Amazon could use Amazon’s printing services to create a unified platform that allows customers to easily integrate inkjet-powered printers into its retail offerings.
HP also has inkjet inkjet printer products available for purchase.
Amazon, which has sold printers to more than a dozen companies, announced its acquisition of HP in a blog post on Tuesday.
The company said that HP would continue to support its InkJet printer and that it would continue working on new inkjet printing solutions for HP customers.
HP said it would make an announcement about the purchase later this month.
The deal is Amazon’s second acquisition of inkjet manufacturing company HP, which acquired printer maker Sharp in 2012 for $3.5 billion.
HP and Sharp’s ink jet printer portfolio is estimated to be worth $1.5 trillion, according the S&P 500.
Amazon has already acquired several inkjet technology companies, including Inkjet Technologies, Inkjet Imaging, and Inkjet Printing.
Amazon is also making moves to expand its inkjet offerings, including buying inkjet imaging startup Inkjet Ink for $2 billion.
Amazon’s Inkjet printing line-array technology, or inkjet cartridges, has a shelf life of 20 years, according S&p.
That could give it access to a range of ink-jet printer cartridges, including HP inkjet cartridge series.
HP announced in December that it will begin selling inkjet scanners to customers next year.