Pixar is a media company focusing on CGI animation, film production, and technology development. Founded in 1979 as a computer graphics project of Lucasfilm's Computer Division, Pixar initially developed high-end image processing tools such as the Pixar 2D Frame Buffer. In 1984, the company hired John Lasseter to help produce their first animated film, marking their shift towards animation. After being purchased by Steve Jobs in 1986, Pixar became an independent company under the leadership of Ed Catmull and Alvy Ray Smith.
Today, Pixar Animation Studios is renowned for its groundbreaking feature films and innovative animation software. Headquartered in Emeryville, California, the company employs over 1,200 talented professionals and generates annual revenues of $770 million. Some of Pixar's most iconic films include "Toy Story," Â "Finding Nemo," and "The Incredibles." The company was acquired by The Walt Disney Company in 2006, further solidifying its position as a leader in the animation industry. Jim Morris currently serves as Pixar's CEO, steering the company toward continued success and creative excellence.