Apple Eases Code Development For App Store Devs With Buddybuild Acquisition

Apple Eases Code Development For App Store Devs With Buddybuild Acquisition

Apple Eases Code Development For App Store Devs With Buddybuild Acquisition

Apple acquires startups all the time and its most recent acquisition is the Canadian firm, Buddybuild. (NASDAQ:AAPL). On the other hand, the iPhone maker made the usual statement, "we generally do not discuss our goal or plans" for "smaller technology companies" bought "from time-to-time".

Moreover, integration of machine learning with Core ML in building apps is also attracting developers to the platform.

According to the official Buddybuild blog, the company's team is now a part of the Xcode engineering group that builds "amazing developer tools for the entire iOS community". It celebrated that fact by noting that it's a proud Canadian company.

The price of the deal wasn't disclosed.

Currently, the team has more than 40 engineers.

Apple redesigned the App Store over the past year and has made other changes, including adding search advertising, improving developer tools and introducing new ways for third-party apps to make money. That being said neither Apple nor Buddybuild has given any specific timeline of when will that happen.

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"We are thrilled with the reaction to the new App Store and to see so many customers discovering and enjoying new apps and games".

The company also announced that iOS developers earned $26.5 billion in 2017, up more than 30% from 2016.

The system should fit nicely into Apple's existing set of tools, bringing additional methods for testing, debugging and deploying mobile apps through a proprietary channel.

With this acquisition, developers will find it easier to develop and iterate their apps for iOS.

Apps are a key battleground for smartphone makers: they lure users to buy their devices, and when the pace of smartphone acquisition slows down as markets mature, apps increasingly become a revenue stream in their own right. Although Apple's iPhones have continued to be outstripped by devices powered by Google's Android, they still generate considerably more revenue from apps. This is according to App Annie report, which claims that Apple garnered revenue of approximately $11 billion in the third quarter of a year ago while Android managed to clock only $6 billion in the same period.

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