Happy birthday to Pixar, which turns 25 years old today. Hard to believe it’s been that long, but it was on February 3, 1986 that Steve Jobs purchased Lucasfilm’s Computer Division for $10 million dollars and the company was renamed Pixar after its main product at the time, the Pixar Image Computer. Jobs paid $5 million to Lucasfilm, and $5 million in guaranteed funding for the new company.
I contributed a small bit to a book project for the studio’s anniversary this year. I don’t think it’s been announced yet, but look for it later in the year.
After the jump, check out the original press release from February 3, 1986, announcing the company’s founding.