Tuesday, May 31, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Patriot Announces 2TB Ignite SSD
ASUS Presents Zenvolution at Computex 2016
MediaTek Introduces Pump Express 3.0 Battery Charging Solution
New ARM Cortex-A73 Processor Drives Efficiency, Performance For Mobile Designs
Plextor To Showcase Its Gaming Grade SSDs at Computex 2016
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Disney ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, January 25, 2006
Disney Buys Pixar for $7.4 Billion


The Walt Disney Company has agreed to acquire Pixar, the animation studio headed by Apple Computer chief Steve Jobs, in a long-anticipated $7.4 billion deal that will put Jobs on Disney's board of directors, the companies announced Tuesday.

Pixar, based in Emeryville, California, has parlayed its digital animation expertise and distribution partnerships with Disney into a string of blockbuster hits since 1995, including Toy Story, Monsters Inc., Finding Nemo and The Incredibles.

Jobs, CEO and a co-founder of Apple, also co-founded Pixar in 1986. He is chairman and CEO at the studio and owns approximately 50.6 per cent of the outstanding shares of Pixar, according to a press release issued by Disney and Pixar Tuesday.

The boards of both companies have approved the acquisition but it still needs shareholder and regulatory approval. The companies said they expect the acquisition to close in the summer, which in North America typically means June, July and August.


Previous
Next
Netflix to Carry HD DVD Titles in March        All News        Dell Strikes Deal With Vodafone
Windows Source Code Licensed     General Computing News      Dell Strikes Deal With Vodafone

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .