Data I/O Completes Acquisition of V-TEK and A&J Programming
Bitget2026/10/21 12:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Data I/O completed its acquisition of V-TEK and A&J Programming for approximately $23 million.
- Consideration comprised $20 million in cash and $3 million in common stock.
- The acquisition is expected to more than double consolidated revenue and be accretive to existing operations.
- The deal reduces reliance on automotive and cyclical capital equipment markets while expanding programming services.
- A portion of the cash consideration came from the private placement announced on October 19, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Data I/O Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610210800PRIMZONEFULLFEED9850133) on October 21, 2026, and is solely responsible for the information contained therein.
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