TL;DR. Because he never especially cared for the original Star Trek and because he felt restricted (as a Director) by the existing canon universe:
Abrams: I was, frankly, never really a fan. I never really got it. I never really cared much about it. Most of my friends who loved
it were, without question, smarter than I was. I kept trying... and I
couldn’t get it. I didn’t care about it. It felt stilted. It is ironic
because a lot of the tone and techniques and some of the writers as
well were from The Twilight Zone. When you watch it, you’d go, ‘God,
there is that same kind of melodramatic vibe.’ A lot of the writers
were the same writers. You’d think someone who loved The Twilight Zone
as much as I did would kind of find a kinship to that show and get on
board. I couldn’t do it. I enjoyed the movies that I saw, the early
films, but I never looked forward to them. So, when I was mixing
Mission: Impossible III… I was asked if I was interested in producing
a Star Trek movie. When I said yes, it was because… I’d never thought
of it, ever… but what occurred to me as I was being asked was "There’s
a version of it that I could see getting interested in." And it was
weird, because I couldn’t tell you what it was. I just knew that if
Star Trek were done in a certain way, with an approach that somehow
let me in more… I was actually being given the opportunity to at least
attempt to do something that I wished had existed for me as a kid
trying to get into it, which is a way in, which is an emotional way
in, that was not was not about the Enterprise or Starfleet or the
Prime Directive or any of that stuff, that was completely emotional. I
thought if that existed I probably would have found a way in. Now,
maybe I saw the wrong episodes. Maybe I wasn’t in the right frame of
mind as a kid. I don’t know what it was. I have since watched a number
of them and actually have actually come to really appreciate the
show.
Abrams: Here’s the thing… I think the key to that was, first of all, it was one of those things that not everyone even cares about or
understands the timeline of it all. The notion that when this one
character, Nero, arrives in his ship, that basically the timeline is
altered at that moment, so everything forward is essentially an
alternative timeline. That is not to say that everything that happened
in The Original Series doesn’t exist. I think, as a fan of movies and
shows, if someone told me the beloved thing for me was gone, I would
be upset. But we didn’t do that. We’re not saying that what happened
in that original series wasn’t good, true, valid, righteous and real.
Let people embrace that. We’re not rejecting that. That, to me, would
have been the big mistake. We’re simply saying that, "At this moment,
the very first scene in the first movie, everything that people knew
of Star Trek splits off into now another timeline."