Claim: George Lucas founded a visual effects company.

Lucasfilm Ltd. . LLC is an American film and television production company based in the Letterman Digital Arts Center in San Francisco , California . The studio is best known for creating and producing the Star Wars and Indiana Jones franchises , as well as its leadership in developing special effects , sound and computer animation for film . Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael , California ; most of the company 's operations were moved to San Francisco in 2005 . The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $ 4.06 billion .