Methode Electronics has sold its dataMate business to Bel Fuse
THE TRANSACTION
On March 5, 2026, Methode Electronics, Inc. (NYSE: MEI) ("Methode") announced the sale of its dataMate copper transceiver business to Bel Fuse Inc. (NASDAQ: BELFA, BELFB) ("Bel"), a leading global manufacturer of products that power, protect, and connect electronic circuits.
dataMate has a well-established track record of supplying leading enterprise networking equipment manufacturers and telecom network operators with transceivers, over successive generations of increasing networking speed, capacity and efficiency, and is a leading innovator in applying single pair powered ethernet to industrial applications.
The divestiture will enable Methode to sharpen the focus on key growth strategies, particularly in the area of power solutions, with a focus on data center business and power delivery and distribution products, anticipating the increasingly demanding requirements of very dense AI computing architectures.
Our Client
Methode Electronics, Inc.
Methode Electronics, Inc. is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. Methode designs, engineers, and produces mechatronic products for OEMs utilizing a broad range of technologies for user interface, lighting system, power distribution and sensor applications. Methode’s solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance. Methode’s business is managed on a segment basis, with those segments being Automotive, Industrial, and Interface. For more information, visit methode.com.
Transaction Partner
Bel Fuse Inc.
Bel designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the defense, commercial aerospace, networking, telecommunications, computing, general industrial, high-speed data transmission, transportation and eMobility industries. Bel's portfolio of products also finds application in the automotive, medical, broadcasting and consumer electronics markets. Bel's product groups include Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies), and Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components). The Company operates facilities around the world. For more information, please visit belfuse.com.
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