Cybernetics Gets Stake in Firm in Stock Swap

Cybernetics Products Inc. said Thursday it has agreed to a stock swap to acquire a controlling interest in Vision Ten Inc., a maker of X-ray equipment.

Cybernetics said a big shareholder agreed to exchange a 51% stake in Torrance-based Vision Ten for 160,000 Cybernetics shares.

At Thursday’s closing price of $1.187 a share, the deal has a value of $190,000 for Cybernetics. The Santa Ana company makes drilling machines for manufacturing printed circuit boards and also makes precision camera equipment and mechanical scanners.