Amazon is purchasing the self-driving company Zoox for $1.2 billion. The company made the announcement via a statement this past Friday.

Zoox is a company that has been testing autonomous vehicles in Las Vegas and San Francisco, and many have referred to it as a “robotaxi” service. While no immediate plans for the company were revealed, Amazon’s chief executive of consumer business—Jeff Wilke gave praise to Zoox’s drive “to imagine, invent, and design a world-class autonomous ride-hailing experience.”

It was noted that although Amazon is purchasing the company, African-American CEO Aicha Evans will stay on board to run the company along with co-founder and chief technology officer Jesse Levinson. Evans gave a statement on the new deal, saying, “We now have an even greater opportunity to realize a fully autonomous future.” Chief Safety Innovation Officer Mark Rosekind said, “We’re going to start seeing three to five years where people start actually deploying in cities, but it’s going to be 20 to 30 years before you start seeing this all over the place.”