Bel Fuse Inc. Announces Acquisition of dataMate, an advanced ethernet and broadband business, from Methode Electronics Inc
Bel Fuse Inc. - Class A (BELFA)
US:NASDAQ Investor Relations:
ir.belfuse.com/investor-relations
Company Research
Source: GlobeNewswire
WEST ORANGE, N.J., March 05, 2026 (GLOBE NEWSWIRE) -- Bel Fuse Inc.® (Nasdaq: BELFA and BELFB) (“Bel” or “the Company”), a leading global manufacturer of products that power, protect and connect electronic circuits, is pleased to announce the acquisition of dataMate®, a leading solutions provider of advanced ethernet and broadband technologies, from Methode Electronics Inc.® Bel acquired dataMate for $16 million, including $1 million of deferred consideration. With annual sales of approximately $18 million and operating margins in line with Bel's corporate averages, the dataMate acquisition is expected to be immediately accretive to Bel’s financials. This transaction expands Bel’s portfolio and positions the Company for accelerated growth in high-demand markets, including networking, data centers, industrial automation, smart building management, and broadband deployment. The acquisition of dataMate brings a portfolio of complementary products that align well with Bel’s existing Ma
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BELFA
News
- Allient (ALNT) Reports Q4: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]Yahoo! Finance
- Janus, APi, AGCO, WESCO, and Bel Fuse Shares Are Falling, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- Bel Fuse (BELFA) was downgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "buy (b-)" to "hold (c)".MarketBeat
- Assessing Bel Fuse (BELF.A) Valuation After Strong Multi Year Returns And Elevated P/E Ratio [Yahoo! Finance]Yahoo! Finance
- nLIGHT (LASR) Q4 Earnings: What To Expect [Yahoo! Finance]Yahoo! Finance
BELFA
Sec Filings
- 2/26/26 - Form 4
- 2/26/26 - Form 144
- 2/25/26 - Form 144
- BELFA's page on the SEC website