Bisco Industries Inc. increased its holdings in Data I/O Corp. to 13.47% from 12.38% and may seek control of the Washington-based maker of computer chip testing equipment.
Orange-based Bisco, which provides fasteners and parts to Data I/O as well as other electronic equipment makers, said in an August regulatory filing that it might try to acquire a controlling stake in or all of Data I/O. Bisco, which is privately held, also said that it might seek board seats and try to discuss various possible transactions with Data I/O or other parties.
