About Methode
Methode is a company based in Camarillo (United States) founded in 1946.. The company has 7,300 employees as of April 30, 2024. Methode has completed 5 acquisitions, including Grakon, Hetronic and Pacific Insight. Methode offers products and services including User Interfaces, LED Lighting, Sensors, and Power Distribution. Methode operates in a competitive market with competitors including Adin Robotics, Vishay Precision Group, Loadstar Sensors, Forcen and StretchSense, among others.
- Headquarter Camarillo, United States
- Employees 7300 as on 30 Apr, 2024
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Methode Electronics, Inc.
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Annual Revenue
$1.05 B-5.96as on Apr 30, 2024
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Net Profit
$-62.6 M49.23as on Apr 30, 2024
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EBITDA
$37.3 M-36.24as on Apr 30, 2024
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Latest Funding Round
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Investors
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Employee Count
7300
as on Apr 30, 2024
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Investments & Acquisitions
Grakon
& 4 more
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IPO & Listings of Methode
Methode is a publicly listed company on the NYSE with ticker symbol MEI in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Methode
Methode offers a comprehensive portfolio of products and services, including User Interfaces, LED Lighting, Sensors, and Power Distribution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom solutions for vehicle and equipment interactions
Advanced systems for vehicles and industrial applications
Products for monitoring in automotive and industrial sectors
Solutions for efficient energy distribution in vehicles
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Funding Insights of Methode
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Methode
Methode has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Grakon, Hetronic and Pacific Insight. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Touch sensing solutions for interactions and liquid levels are developed.
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1996 | ||||
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Electronic components for automotives are manufactured and supplied to OEMs.
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1989 | ||||
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Industrial tools for thermoplastic injection and electrical connectors are developed.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Methode
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Methode Comparisons
Competitors of Methode
Methode operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Adin Robotics, Vishay Precision Group, Loadstar Sensors, Forcen and StretchSense, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple sensors and grippers for industrial robots are provided.
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| domain | founded_year | HQ Location |
Force measurement solutions are designed for industrial applications.
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| domain | founded_year | HQ Location |
Load sensors utilizing capacitive technology are developed.
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| domain | founded_year | HQ Location |
Force sensing and haptic control solutions for robots are provided.
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| domain | founded_year | HQ Location |
Sensors for stretch, pressure, shear, and bend measurements are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Methode
Frequently Asked Questions about Methode
When was Methode founded?
Methode was founded in 1946.
Where is Methode located?
Methode is headquartered in Camarillo, United States. It is registered at Camarillo, California, United States.
Who is the current CEO of Methode?
Donald Duda is the current CEO of Methode.
How many employees does Methode have?
As of Apr 30, 2024, the latest employee count at Methode is 7,300.
What is the annual revenue of Methode?
Annual revenue of Methode is $1.05B as on Apr 30, 2024.
What does Methode do?
Methode Electronics was founded in 1946 and is headquartered in Camarillo, United States. Sensors, user interfaces, and power devices are developed, along with custom-engineered solutions tailored to specific applications. Biometric identification based on human skin characteristics, magnetic signature sensing for mechanical and electrical properties, and solid-state touch-sensitive switches are included in the offerings. Technical solutions are supplied to assist customers in product differentiation within the electronics sector.
Who are the top competitors of Methode?
Methode's top competitors include Vishay Precision Group, Adin Robotics and Atomionics.
What products or services does Methode offer?
Methode offers User Interfaces, LED Lighting, Sensors, and Power Distribution.
Is Methode publicly traded?
Yes, Methode is publicly traded on NYSE under the ticker symbol MEI.
How many acquisitions has Methode made?
Methode has made 5 acquisitions, including Grakon, Hetronic, and Pacific Insight.
What is Methode's ticker symbol?
The ticker symbol of Methode is MEI on NYSE.
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