Jan 06, 2021 · In February 1986, Steve Jobs purchased Pixar for $5 million. Steve Jobs and Pixar were connected until 2005, when the company was sold …
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How Steve Jobs Changed the Course of Animation - Biography
Shortly after Toy Story was released in theaters, Steve Jobs decided to make Pixar a public company. He set up an IPO (initial public offering) and raised $140 million dollars for Pixar. After realizing its value, Disney bought Pixar and kept Steve Jobs on as the CEO.
Oct 07, 2011 · 1986: Steve Jobs buys Pixar Steve Jobs paid LucasFilm $5 million for Pixar, which was called Graphics Group at the time. He invested another $5 million into the company. Is Accessible For Free: False
Steve Jobs: The Pixar Years. By Ned Potter October 7, 2011. ... The Pixar years had brought Jobs much more than money, as he said in his now-famous commencement speech at Stanford University in 2005.
Steve Jobs sold Pixar to Disney because he was on good terms with Disney’s leaders, and it’d be good for everyone. Disney bought Pixar because Bob Iger, the CEO, realized that their only hope of surviving in the animation game was acquiring Pixar, which had produced the most memorable characters Disney’s had in a decade.