Data I/O signs definitive agreement to acquire V-Tek and A&J Programming
DAIO•Data I/O agreed to acquire V-Tek and A&J Programming in a deal valued at about $23 million, including about $3 million in stock, or 1.12 million Data I/O shares.
1. Deal terms
Data I/O signed a definitive agreement to acquire V-Tek and A&J Programming for about $23 million, paid in cash and company common stock. The share consideration is about $3 million, or 1.12 million Data I/O shares.
