Stifel Reiterates Buy on Nike (NKE) Following Invertex Acquisition

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Go back to Stifel Reiterates Buy on Nike (NKE) Following Invertex Acquisition

NIKE, Inc. Acquires Computer Vision Leader Invertex

April 9, 2018 4:30 PM EDT

Strengthening Digital Capabilities and Talent, Accelerates Consumer Direct Offense Strategy

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today announced it has acquired Invertex Ltd., a leading computer vision firm based in Tel Aviv, Israel, as it continues to strengthen its digital technology and talent as part of its Consumer Direct Offense. The team will focus on building groundbreaking innovations to... More