Analog Devices Inc.
Deputy Noel Coonan has welcomed the news that Analog Devices Inc, a global leader in high-performance semi-conductors for signal processing applications and the world leader in data conversion technology, has today announced that it will embark on a 50 million euro R&D investment programme at its campus in Raheen, Co. Limerick. The local Fine Gael TD said this investment is “good news for the Mid West and will hopefully benefit the people of North Tipperary with 100 jobs being created over five years.”
The local Fine Gael TD said the investment programme focuses on the expansion of ADI’s robust R&D capabilities in Limerick and is supported by the Irish Government through IDA Ireland. Over the next five years, the programme is expected to result in the creation of approximately 100 high-skilled jobs, such as positions in integrated circuit design and applications engineering. “These are jobs that are badly needed and it is very positive to see the multinational invest further in the Mid West. It showcase the potential that resides there and it will also boost revenue to the area,” said Deputy Coonan.
A 140,000-square-foot R&D centre, including specialized laboratory space, will be constructed as part of this investment. Today’s announcement builds on the €23million investment in Ireland made by ADI in June 2010 as part of a manufacturing expansion programme.
ADI has been operating in Ireland for 35 years and currently employs over 1,000 people in Limerick, which is home to ADI’s European-based semiconductor wafer manufacturing facility and R&D for analog technologies, including industry-leading data converters, as well as mixed-signal and RF (radio frequency) integrated circuits.
ADI’s operation in Ireland has a well-established record for engineering innovation and discovery, as evidenced by the 287 U.S. patents granted to ADI inventors based in Ireland, which is nearly 20% of the total U.S. patents held by the company.
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