# Asics Ventures acquires stake in AI Silk Corporation

Asics Ventures Corporation, the investment subsidiary of Asics, has made its first investment by taking a stake in AI Silk Corporation, a venture company developing conductive textiles for sports apparel.

- Type: Acquisition
- Announced: 2018-01-29
- Where: Miyagi Prefecture, Japan
- Status: completed
- Products: conductive textiles, sports apparel
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Asics Ventures Corporation](https://endata.com/companies/29659.md) (acquirer)
- [AI Silk Corporation](https://endata.com/companies/29660.md) (target)

## Sources

- [dev.sgbonline.com](https://dev.sgbonline.com/115940-2/), 2018-01-29: "Asics announced that its investment subsidiary, Asics Ventures Corporation, has made its first investment, taking a stake in AI Silk Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.