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

By Public Technologies
  • 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.


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