Bel Opens New Power Solutions Facility in Taiwan

Jersey City, N.J. – Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB), a premier global manufacturer of power management devices and interconnect products, is pleased to announce today the grand opening of its Bel Power Solutions facility in Taoyuan City, Taiwan. The new center brings an expanded local presence allowing Bel Power Solutions to provide improved technical and sales support…

Bel Opens Consolidated Facility in Silicon Valley

Jersey City, N.J. – Bel Fuse Inc. (NASDAQ: BELFA and BELFB), a premier global manufacturer of power management devices and interconnect products, is pleased to announce today the grand opening of its new Bel Power Solutions’ (BPS) facility in Silicon Valley. The Bel Pleasanton and Bel San Jose facilities relocated to one facility in Santa Clara, California effective July 24.…

Bel to Acquire Power-One

Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ:BELFB) announced today that it has entered into a definitive agreement to acquire the Power-One Power Solutions business of ABB Ltd. (NYSE:ABB).  Bel will pay approximately $117 million in cash to acquire the Power Solutions business, which had 2013 revenue of approximately $251 million.  The acquisition, which is subject to…