Nike (NKE -0.74%)has been getting tech-focused with new patents. With new devices such as chips in golf clubs to measure swings, fuel bands on wrists to track activity, and chips in shoes to track folks' activity even more seamlessly, Nike is a force in wearable computing. Technology could be this decade's Michael Jordan for Nike.

In the following video, Fool analyst Anand Chokkavelu explains that Nike isn't the only old-school company that's leveraging technology.

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