dataMate Acquired by Bel Fuse — Technology M&A

Bel Fuse has acquired dataMate, a enterprise software business in the technology sector in the United States, for an undisclosed amount. Bel Fuse acquisitions focus on networking and broadband capabilities, and dataMate provides advanced Ethernet and broadband solutions for enterprise connectivity needs. The enterprise software acquisition supports Bel Fuse’s strategic acquisition strategy by expanding its data networking product portfolio and customer reach. The add on acquisition is categorized as a strategic acquisition and is currently announced, with deal terms and advisors not disclosed and an undisclosed closing timeline.