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Data I/O DAIO

Data I/O completes acquisition of V-TEK

Item 1.01 Enters material agreement, Item 2.01 Completes acquisition or sale, Item 2.03 Takes on debt

Form
8-K
Filed
Importance
Major
  1. Acquired V-Tek, Inc. and A&J Programming, Inc. for $23 million
  2. Paid $20 million in cash and $3 million in common stock
  3. Private placement raised $13.25 million in securities
  4. Escrow of $1.3 million for seller indemnification

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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