Data I/O Corp（DAIO）资讯与事件DAIOData I/O Corp

Data I/O to Acquire V-TEK and A&J Programming for $23M

Data I/O announced it has signed a definitive agreement to acquire V-TEK, Inc. and A&J Programming. Total purchase price is approximately $23M, paid in a combination of cash and company common stock. The share consideration is equal to approximately $3M in Data I/O common stock, or approximately 1.12M 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 $13.25M 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, 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.

Selling Stockholders Plan to Sell 4.69M Shares of Common Stock

This filing relates to the offer and sale from time to time by the selling stockholders of up to 4.69M shares of common stock. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.

Data I/O Plans to Acquire IAR Embedded Software Security Assets

Data I/O and I.A.R. Systems jointly announced that Data I/O has entered into a non-binding LOI to acquire the embedded software security IP and related assets from IAR. Financial terms of the transaction and anticipated timing were not disclosed. The intended transaction between Data I/O and IAR includes, among other assets, software and source code, hardware, intellectual property, engineering infrastructure, manufacturing equipment, and certifications. Following the closing, Data I/O will take full ownership of customer support for these products going forward. "This acquisition is a natural next step in our evolution of becoming a highly valued supplier for the semiconductor supply chain," said William Wentworth, president and CEO of Data I/O Corporation. "Our February collaboration showed how well IAR's embedded software security technology fits with our programming and provisioning platforms. As we advance our future provisioning platform the acquisition of the IP, HSM design gives Data I/O the ability to design Security provisioning into our core platform as opposed having to integrate multiple third-party products. Secure provisioning uses the same infrastructure as Data provisioning, algorithm-based delivery system. Our Data provisioning platform is a natural extension for secure provisioning. The acquisition just makes sense for our roadmap and the ability to move faster for our customers, while our commercial partnership with IAR continues, giving customers the same integrated path from embedded design through high-volume, secure manufacturing. Together with our platform and Programming-as-a-Service strategy, this will give Data I/O a complete, differentiated security provisioning offering with a strong regulatory tailwind ahead of the EU Cyber Resilience Act."