Less than a week after Sony Pictures dropped Aaron Sorkin's film about Steve Jobs, it has been picked up by Universal Studios.

According to The Hollywood Reporter, the studio paid $30 million for the rights to the film, which is based on Walter Isaacson’s biography of the Apple co-founder, and has actor Michael Fassbender, who recently played a young Magneto in X-Men: Days of Future Past, playing the lead role.

"A deal has been reached to bring the film about the Apple co-founder — which Danny Boyle is to direct from a script by Aaron Sorkin — to Universal," a studio spokesman confirmed.

Sony Pictures, which had been developing the movie for two years, decided to drop the project reportedly due to the shooting schedule. Director Boyle, who won an Academy Award for Slumdog Millionaire, wanted the film to go into production in January, but Sony already had several movies in production for the next year and wanted the shoot to begin later. This in turn would have resulted in a schedule clash for Fassbender, who is set to shoot for X-Men: Apocalypse in the spring.

During an interview earlier this month, Sorkin revealed that the movie would not be a sweeping biopic, instead it would be divided into three long scenes that follow Jobs as he prepares backstage ahead of three major product announcements: the Mac, the NeXT (after Jobs left Apple), and the iPod.

Seth Rogen and Jessica Chastain are expected to play Apple co-founder Steve Wozniak and Jobs’ estranged daughter, Lisa, respectively.