Pixar Animation Studios, or simply Pixar, is an American computer animation film studio based in Emeryville, California. The studio is best known for its CGI-animated feature films created with PhotoRealistic RenderMan, its own implementation of the industry-standard RenderMan image-rendering application programming interface used to generate high-quality images. Pixar began in 1979 as the Graphics Group, part of the computer division of Lucasfilm before its spinout as a corporation in 1986 with funding by Apple Inc. co-founder Steve Jobs who became its majority shareholder. The Walt Disney Company bought Pixar in 2006 at a valuation of $7.4 billion, which transaction made Jobs Disney’s largest shareholder.
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