Data I/O acquires V-TEK for $23 million

Bitget2026/11/12 12:49

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Data I/O acquired V-TEK, including Royce Instruments and A&J Programming, for $23 million.
Consideration comprised $20 million in cash and $3 million in shares, all paid at closing.
The acquisition is expected to double revenue, be immediately accretive and expand programming services.
Funding included $22.25 million raised through two private placements in fiscal 2026 and a $7.5 million Western Alliance Bank credit line.
Half of identified cost synergies are targeted for action by the end of 2026, including manufacturing efficiencies and personnel realignment.

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 on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Data I/O acquires V-TEK for $23 million

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