Did you know that Pixar, one of the world’s most acclaimed digital studios, was once a computer hardware company? Formerly the special computer division of George Lucas’s Industrial Light and Magic operation, the company was sold off after a tough divorce left Lucas with financial difficulties and court orders to obey.
The buyer? A cult computing hero known as Steve Jobs. That’s right – the famous co-founder of Apple Computer purchased Pixar from George Lucas in the mid 1980s as a project to keep him occupied after his removal from Apple. The company cost just $5 million, to which Jobs added a further $5 million in internal investment.