Short answers, pulled from the story.
Dave Olbrich and Tom Mason launched Malibu Graphics in 1986 with private financing from Scott Mitchell Rosenberg. The company began its output modestly with creator-owned black-and-white titles including Ex-Mutants.
Marvel Comics purchased Malibu on the 3rd of November 1994 to prevent DC Comics from surpassing Marvel's market share. This acquisition brought the Ultraverse line into the Marvel multiverse as Earth-93060.
Malibu became the first company to use digital coloring for all its titles by working with Adobe Photoshop software. This approach gave Malibu improved production values over traditional comics and set new industry expectations throughout the early 1990s.
The Ultraverse line launched in June 1993 during the boom of the early 1990s. It emerged roughly concurrent with debuts by Image, Valiant, Milestone, and Comics' Greatest World.
The company's biggest problem was its game division which cost more than $200,000 a month. Sales declined industry-wide in the mid-1990s causing Malibu to cancel lower-selling series before its eventual cancellation.