Apple Inc. AAPL, -0.03% has acquired Buddybuild, a Vancouver, Canada-based company that makes software development tools, according to a Buddybuild blog. Apple stock is down a fraction to $172.05 in late trading. Buddybuild, owned by Doe Pics Hit, Inc., raised nearly $9 million, according to FactSet, with the most recent fundraising in May 2016. Buddybuild did not disclose the terms of the sale. Apple stock is up 49% over the past year, as the S&P 500 index SPX, +0.83% rose 20%. The Dow Jones Industrial Average DJIA, +0.42% of which Apple is a component, rose 25% over the past year.