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Data I/O expands business by completing acquisitions of V-TEK and A J Programming

The Motley Fool +1 · ·by G4L

DAIO
DAIO Data io Corp
$2.64 +6.45%
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  1. 1Data I/O has completed the acquisitions of V-TEK and A J Programming.
  2. 2Data I/O secured $22.5 million in total growth capital and a $7.5 million credit line.
  3. 3CEO Will Wentworth announced new fourth-quarter purchase orders from Tesla's humanoid robot division, Optimus.

So what's the key point?

Data I/O expanded its business by acquiring two new companies. The company also received new fourth-quarter orders from Tesla's robot division.

Source The Motley Fool +1 · View original ↗

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