Data I/O signs acquisition letter of intent for $23 million deal

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Go back to Data I/O signs acquisition letter of intent for $23 million deal

Data I/O Announces Transformational Acquisition

May 14, 2026 4:10 PM EDT

REDMOND, Wash., May 14, 2026 (GLOBE NEWSWIRE) -- Data I/O Corporation (NASDAQ: DAIO) (the Company), the leading global provider of data provisioning solutions for flash memory, microcontrollers and security ICs, today announced the execution of a letter of intent (LOI) to acquire a leading manufacturer of semiconductor handling and packaging solutions. Upon closing of the transaction, the acquisition is expected to nearly double the annual revenues of Data I/O as well as be accretive to earnings and cash flow.

We are incredibly excited to announce this strategic... More