Bel Fuse acquires dataMate
Bel Fuse announces the acquisition of dataMate, a solutions provider of advanced Ethernet and broadband technologies, from Methode Electronics. 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