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Summer lesson vr video9/24/2023 Disney purchased Pixar in 2006 at a valuation of $7.4+ billion by converting each share of Pixar stock to 2.3 shares of Disney stock. Pixar began in 1979 as part of the Lucasfilm computer division, known as the Graphics Group, before its spin-off as a corporation in 1986, with funding from Apple co-founder Steve Jobs, who became its majority shareholder. It is based in Emeryville, California, and is a subsidiary of Walt Disney Studios owned by The Walt Disney Company. Pixar Animation Studios ( / ˈ p ɪ k s ɑːr/), commonly known as just Pixar, is an American computer animation studio known for its critically and commercially successful computer animated feature films.
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