Home rental company Airbnb Inc on Wednesday said it was hiring former Apple designer Jony Ive and his firm to design new Airbnb products and services under a multi-year deal.

Ive was a close creative collaborator with Apple Inc co-founder Steve Jobs. Ive spent nearly three decades at Apple, leading the design of the candy-colored iMacs that helped Apple re-emerge from near death in the 1990s and the design of the iPhone. He left Apple last year.

In a blog announcing the work relationship, Airbnb Chief Executive Brian Chesky said Ive will also help develop the Airbnb internal design team.

Airbnb on Wednesday told employees Chief Design Officer Alex Schleifer would be moving to a part-time role and that the company would be looking for a permanent replacement, according to a source close to the company.

The deal with Ive and his firm, LoveFrom, coincides with Airbnb’s effort to raise around $3 billion in its upcoming initial public offering, according to sources.

Airbnb is expected to be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs.

(Reporting By Jane Lanhee Lee; Editing by Cynthia Osterman)

This article was written by Jane Lanhee Lee from Reuters and was legally licensed through the Industry Dive publisher network. Please direct all licensing questions to legal@industrydive.com.

Photo Credit: Apple CEO Tim Cook and Chief Design Officer Jonathan Ive (R) look over a Mac Pro during Apple's annual Worldwide Developers Conference in San Jose, California, U.S. June 3, 2019. Ive was recently hired by Airbnb. Mason Trinca / Reuters