The Deal Steve Jobs Couldn't Refuse
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Government Drone
Government Drone writes "Remember the 1997 deal in which Microsoft bought $150 million in non-voting Apple stock? According to this story in InformationWeek, it wasn't done all out of the goodness of Bill Gates' heart:
The original text of the E-mail is here, which mentions a threat to pull the plug on Office for Mac, but argues against it for a variety of reasons. An interesting backend view of what was happening in Apple's darkest days."
Weeks prior to bailing out a struggling Apple Computer by purchasing $150 million of its stock, Microsoft officials threatened to cut development of a key product for the Macintosh in order to coerce its rival to make the deal, according to an e-mail unearthed during a recent court hearing.
The original text of the E-mail is here, which mentions a threat to pull the plug on Office for Mac, but argues against it for a variety of reasons. An interesting backend view of what was happening in Apple's darkest days."