Data I/O Signs Definitive Agreement to Acquire V-TEK and A&J Programming
Key Highlights
- ➤Data I/O (DAIO) agrees to acquire V-TEK and A&J Programming for approximately $23 million
- ➤Approximately $3 million of consideration will be paid in Data I/O stock
- ➤Proposed $13.25 million securities offering will help fund the acquisition
- ➤Acquisition is expected to close this week, subject to customary conditions
REDMOND, Wash., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Data I/O Corporation (NASDAQ: DAIO) (the “Company”), the leading global provider of data programming and security provisioning solutions for microcontrollers, security ICs and memory devices, today announced it has signed a definitive agreement to acquire V-TEK, Inc. (“V-TEK”), a leading manufacturer of semiconductor handling and packaging solutions based in Mankato, MN, and A&J Programming, Inc (“A&J Programming”), a device programming service provider in San Jose, CA.
Total purchase price is approximately $23 million, paid in a combination of cash and Company common stock. The share consideration is equal to approximately $3 million in Data I/O common stock, or approximately 1.12 million shares of Company common stock.
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