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TechCrunch: Apple acquires mobile app iteration company

Published 01/02/2018, 03:14 PM
© Reuters.  TechCrunch: Apple acquires mobile app iteration company
AAPL
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  • TechCrunch reports that Apple (NASDAQ:AAPL) acquired “mobile iteration platform” company Buddybuild.
  • Apple confirmed the buy, but no terms were disclosed.
  • Buddybuild will fold into Apple’s Xcode suite of development tools for the companies various operating systems. The Buddybuild team will keep working from their Vancouver base.
  • Buddybuild will continue to support existing customers of its standalone product. New customer signups ended today.
  • Apple shares are up 1.6%.
  • Previously: Apple instructs Stores to offer $29 battery regardless of diagnostic test (Jan. 2)
  • Previously: Apple analyst says low iPhone X estimates still "too high" (Jan. 2)
  • Now read: Is Apple's Long Forgotten Catalyst Coming Back?


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