In 1986, Steve Jobs purchased the Graphics Group from Lucasfilm and renamed it Pixar. Jobs invested in the company and helped to develop its computer animation software, RenderMan. Pixar's first feature film, Toy Story, was released in 1995 and was a critical and commercial success. The company has since produced numerous other successful films, including A Bug's Life, Finding Nemo, The Incredibles, and Wall-E.
Pixar is now a wholly-owned subsidiary of The Walt Disney Company and continues to produce computer-animated films. The company is known for its innovative storytelling, technical excellence, and commitment to quality. Pixar has won numerous awards, including 26 Academy Awards, seven Golden Globe Awards, and 11 Grammy Awards.