Data I/O Signs Definitive Agreement to Acquire V-TEK and A&J Programming

The purchase consideration includes approximately 1.12 million common shares, while planned funding includes a proposed securities offering.

Rhea-AI Summary

Data I/O (DAIO) signed a definitive agreement to acquire V-TEK and A&J Programming for approximately $23 million in cash and common stock. V-TEK manufactures semiconductor handling and packaging solutions in Mankato, Minnesota. A&J Programming provides device programming services in San Jose, California.

The stock consideration is approximately $3 million, or approximately 1.12 million shares of Data I/O common stock. Data I/O expects the acquisition to close this week, subject to customary closing conditions. The company intends to fund the purchase with its common stock, cash on hand and proceeds from a recently announced proposed $13.25 million securities offering. The acquisition has not yet closed, and the offering remains proposed.

1 point · 1 major

MixediHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

1 major · 2 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Major point. Forward-looking: it has not happened yet and may not happen.Definitive acquisition agreement adds V-TEK and A&J Programming for approximately $23 million, subject to closing. 86% of market cap

Negative

• Major point. Forward-looking: it has not happened yet and may not happen.Approximately 1.12 million common shares, valued at approximately $3 million, constitute dilutive acquisition consideration. 11% of market cap
• Moderate point. Forward-looking: it has not happened yet and may not happen.Proposed $13.25 million securities offering is part of Data I/O's intended acquisition funding. 49% of market cap

Argus 15 min delay 2 alerts

+4.65% vs previous close $2.70 last price 0.1x rel. volume Open Argus

Details

Market move: DAIO +4.65% vs previous close. V-TEK and A&J acquisition

$2.58 – $3.16 Day Range

$28.07M Mkt Cap at Last Price

On Oct 19, the day this news came out, the latest delayed price for DAIO is 4.65% above the previous close. Our momentum scanner has recorded 2 alerts for this stock so far that day. The latest delayed price is $2.70.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Total purchase price: Approximately $23 million Stock consideration: Approximately $3 million Shares in consideration: Approximately 1.12 million shares +2 more

Total purchase price

Approximately $23 million

V-TEK and A&J Programming acquisition

Stock consideration

Approximately $3 million

Paid in Data I/O common stock

Shares in consideration

Approximately 1.12 million shares

Data I/O common stock

Proposed securities offering

$13.25 million

Proceeds intended in part to fund the acquisition purchase price

Expected closing

This week

Subject to customary closing conditions

Previous Acquisition Reports

1 past event · Latest: May 14

Same Type 1 event

1. May 14

   Acquisition proposal

   24h Move

   +10.0%

   Letter of intent described roughly $23 million cash-and-equity acquisition of semiconductor handling manufacturer.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

definitive agreement, securities offering, registration requirements

3 terms

definitive agreement financial

"signed a definitive agreement to acquire V-TEK, Inc."

A definitive agreement is a formal, legally binding document that outlines the final terms and conditions of a deal or transaction, such as a sale or partnership. It acts like a detailed contract that confirms all parties have agreed on the key details, making the deal official. For investors, it signals that the agreement is settled and moving toward completion, providing clarity and security about the transaction.

securities offering financial

"proceeds of the recently announced proposed $13.25 million securities offering"

An offering of securities is the sale or issuance of financial instruments—such as stocks, bonds, notes, or convertible instruments—by an issuer or by existing holders to raise capital or transfer ownership. Offerings can be public (sold to the general investing public under securities laws) or private (sold to a limited group under an exemption), and the form of the offering determines the regulatory filings, disclosure required, and whether the securities become freely tradable on secondary markets.

registration requirements regulatory

"absent registration or an applicable exemption from the registration requirements"

Registration requirements are the legal steps a company or security must complete with regulators before offering shares, bonds, or certain products to the public. They matter to investors because these rules force companies to disclose key facts—like financials, risks, and who’s in charge—so buyers can make informed choices, much like checking a permit and inspection report before buying a house to reduce surprise problems.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

REDMOND, Wash., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Data I/O Corporation (NASDAQ: DAIO) (the “Company”), the leading global provider of data programming and security provisioning solutions for microcontrollers, security ICs and memory devices, today announced it has signed a definitive agreement to acquire V-TEK, Inc. (“V-TEK”), a leading manufacturer of semiconductor handling and packaging solutions based in Mankato, MN, and A&J Programming, Inc (“A&J Programming”), a device programming service provider in San Jose, CA.

Total purchase price is approximately $23 million, paid in a combination of cash and Company common stock. The share consideration is equal to approximately $3 million in Data I/O common stock, or approximately 1.12 million shares of Company common stock.

The acquisition is expected to close this week and is subject to customary closing conditions.

The Company intends to use its common stock, cash on hand and the proceeds of the recently announced proposed $13.25 million securities offering toward the satisfaction of the acquisition purchase price.

The securities and other funding transactions referenced in this press release as part of the acquisition have not been registered under the Securities Act of 1933, as amended (“Securities Act”), or any state or other applicable jurisdiction’s securities laws. They may not be offered or sold absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Data I/O Corporation

Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls and other electronics devices. Today, our customers use Data I/O’s data programming solutions and security deployment platform to secure the global electronics supply chain and protect IoT device intellectual property from point of inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples all the way to high volume production prior to shipping semiconductor devices to a manufacturing line. Data I/O enables customers to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a portfolio of patents and a global network of Data I/O support and service professionals, ensuring success for our customers. Learn more at dataio.com/Company/Patents.

Learn more at dataio.com.

Safe Harbor/Forward Looking Statements and Disclosure Information
The Company cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. Such forward-looking statements involve risks, assumptions and uncertainties. Statements in this news release may be construed as a prediction of future operations and performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements.

Forward-looking statement disclaimers also apply to the timing and contributions of acquisitions, acquisition synergies, the demand for the Company’s products, the impact from geopolitical conditions including any related international trade restrictions, and cybersecurity incidents and the possibility that the Company’s containment and remediation efforts may be unsuccessful or becomes a challenging force in maintaining market share. Factors that may impact the Company’s operations and finances include uncertainties as to the ability to record revenues based upon the timing of product deliveries, market acceptance of Edge AI, shipping availability, installations and acceptance, accrual of expenses, coronavirus or other business interruptions, changes in economic conditions, part shortages, business disruptions and other risks including those described in the Company’s 10-K, 10-Q and other periodic filings with the Securities and Exchange Commission (SEC), press releases and other communications.

Data I/O may use its website (www.dataio.com) and investor relations page (www.dataio.com/Company/Investor-Relations), its X account (@DataIO_Company), and its LinkedIn page (linkedin.com/company/data-io) to disclose material non-public information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors and other interested parties should monitor these sites, in addition to following Data I/O’s press releases, Securities and Exchange Commission (SEC) filings, public conference calls and public presentations/webcasts.

Media Contact
Data I/O Corporation
Jennifer Higgins
Director Corporate Marketing
higginj@dataio.com
+1-425-867-6922

Investor Contact
Darrow Associates, Inc.
Jordan Darrow
jdarrow@darrowir.com
+1-631-766-4528

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much will Data I/O pay to acquire V-TEK and A&J Programming?

Data I/O agreed to pay approximately $23 million in cash and common stock. The stock portion is approximately $3 million, or approximately 1.12 million shares of Data I/O common stock.

When does Data I/O expect the V-TEK and A&J Programming acquisition to close?

Data I/O expects the acquisition to close this week, subject to customary closing conditions.