Pixar Animation Studios is a CGI animation production company based in Emeryville, California, United States. To date, the studio has earned twenty-one Academy Awards, three Golden Globes, and one Grammy, among many other awards, acknowledgments and achievements. It is best known for its CGI-animated feature films which are created with PhotoRealistic RenderMan, its own implementation of the industry-standard Renderman image-rendering API used to generate high-quality images.
Pixar started in 1979 as the Graphics Group, a part of the Computer Division of Lucasfilm before it was bought by Apple co-founder Steve Jobs in 1986 and given its current name. The Walt Disney Company bought Pixar in 2006 through an all-stock transaction worth US$7.4 billion.