Pulling the receipt…
Pulling the receipt…
MEBRO
06/15/26 · 9:13 AM UTC · 11 SOURCES
“Apple bought the company NeXT, which facilitated Steve Jobs' return to Apple.”
Apple announced the acquisition of NeXT Software on December 20, 1996 . The transaction, valued at approximately $400 million to $429 million, was finalized in early 1997 . This strategic move was largely motivated by Apple's need for a new operating system to replace its struggling software . Most importantly, the acquisition directly facilitated the return of Steve Jobs to the company he co-founded, over a decade after his departure following an internal power struggle . While some sources cite a figure of $400 million , high-credibility reporting notes the total was $429 million . Following the deal, Jobs initially returned as an advisor before becoming the interim CEO in July 1997 .
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