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Data I/O agrees to acquire V-TEK and A&J Programming

Data I/O signed a definitive agreement to acquire V-TEK and A&J Programming.

DAIO

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12:15:06 PM UTC
SquawkNews
Data I/O Signs Definitive Agreement To Acquire V-TEK And A&J Programming >DAIO
12:17:07 PM UTC
SquawkNews
Data I/O signed a definitive deal to acquire V-TEK and A&J Programming for approximately $23M, paid in cash and stock, with ~$3M in shares (~1.12M shares). Closing is expected this week, subject to customary conditions.Material DetailsContext by AI AnalystThis is a strategic bolt-on to broaden Data…