Tuesday 20 December 2011

December 20: Apple acquired NeXT (1996)

Apple Computer announced the coming acquisition of NeXT Software (formerly NeXT Computer) in a deal with a total estimated value of $427 million and 1.5 million shares of Apple stock. Under the terms of the acquisition, Steve Jobs, the founder of both companies, would rejoin Apple Computer as an advisor to then CEO Gilbert Amelio. As we all know, Jobs became interim CEO soon after his return and then CEO. This acquisition enabled the creation of Mac OS X, the current operating systems of the Mac product line. The concepts and products of NeXT Software became the basis of Mac OS X, including NeXTSTEP, OPENSTEP, and WebObjects. NeXT shipped only about 50,000 units of NeXT computers, however, its impact to the computer industry was not small. Trivia: The first web server set up by Tim Berners-Lee ran on a NeXT computer.

1 comment:

  1. It’s interesting about NEXT Software of APPLE. It will definitely like by other person in market.

    http://service.ztronics.com

    ReplyDelete