Pixar
Pixar Animation Studios, commonly referred to as Pixar (), is an American computer animation film studio based in Emeryville, California, that is a subsidiary of Walt Disney Studios, owned by the Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. 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, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.
Pixar Image Computer
When George Lucas recruited people from NYIT in 1979 to start the Computer Division, the group was set to develop digital optical printing, digital audio, digital non-linear editing and computer graphics. Where computer graphics were concerned, the quality was just not good enough due to technological limitations at the time. The team then decided to solve the problem by starting a hardware project, building what they would call the Pixar Image Computer, a machine with more computational power that was able to produce images with higher resolution.