Oracle Chairman Reveals How He Wanted to Buy Apple but Steve Jobs Said No

Larry Ellison, chairman and CTO of Oracle, has revealed in a speech at the University of Southern California that, in the mid-1990s, he wanted to purchase Apple, but his best friend Steve Jobs said no.

Ellison explained how he and Jobs took a walk in Castle Rock State Park in 1995 to discuss how he wanted to regain control of Apple – at that time, Steve Jobs was no longer part of the company, after being forced to leave ten years before. Ellison had the perfect plan that would have been quickly applied should have Jobs agreed: purchase Apple Computer and name his best friend as CEO.

Basically, Ellison wanted to buy the whole company, which at that time was valued at $5 billion, and then bring Steve Jobs back at the helm. But it came as a surprise that Steve Jobs himself refused.

“We both had really good credit, and I had already arranged to borrow all the money. All Steve had to do was say yes,” Ellison explained in his speech (via <a target="_blank" href="http://… (read more)

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