December 20, 1996: Apple Buys NeXT

NeXT Computer - Steve Jobs
Apple Acquires NeXT

1996 – Steve Jobs started Apple. When he left Apple, he started NeXT. When Apple started to fall, Steve Jobs came back. Of course, having 2 computer companies is not a good idea – So why not buy it out?That is what Apple did. In a $400 Million deal, they got a new OS and Steve Jobs. Of course, Jobs did not become CEO of Apple again – he reported to current CEO Dr. Gilbert F. Amelio.

NeXTstep OS would ultimately become Mac OS X.

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