BALTIMORE, MD--(Marketwired - Nov 21, 2013) - Goldman Small Cap Research, a stock market research firm focused on the small cap and microcap sectors, notes that last week, there was a mega deal in the sports mobile app space as apparel giant Under Armour agreed to buy MapMyFitness for $150 million. For those following the mobile fitness app space, it is clear that this transaction is great news for LifeApps® Digital Media, Inc. (
MapMyFitness has over 20 million registered users and is an open platform integrating with over 400 fitness tracking devices, sensors, and apparel. These apps enable athletes to measure their training and performance online and actually dovetails with the LifeApps offerings which are used as training and teaching tools. Under Armour is looking to fend off rival Nike and expand into the digital mobile app space by offering athletes an advanced training experience with the newly acquired platform from MapMyFitness.
LifeApps® current mobile apps include the popular Golf Core Grip Workout System, two yoga workouts and a tennis workout. The Company is leveraging the huge growth in the app space and is poised to monetize its fitness and sports products in the space. The stock is a tremendous value as an investment in the sports training and explosive mobile app space, and the recent Under Armour deal affirms this sentiment.
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About LifeApps Digital Media, Inc.: LifeApps Digital Media, Inc. (
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