Analog Devices Invests €100 Million in Europe Operations with ADI Catalyst Launch
04 März 2022 - 8:00AM
Business Wire
Designed to Accelerate Collaborative
Innovation and Support R&D in Europe
Analog Devices, Inc. (Nasdaq: ADI), a leading global
high-performance semiconductor company, today announced it will
invest €100 million over the next three years in ADI Catalyst, a
100,000 square foot custom-built facility for innovation and
collaboration located at its campus in the Raheen Business Park in
Limerick, Ireland. This latest phase of expansion will also see the
creation of 250 new jobs in the Irish market by 2025 as a
reflection of ADI’s continued commitment to expansion in
Europe.
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the full release here:
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ADI Catalyst is a state-of-the-art collaboration accelerator
where ecosystems of customers, business partners, and suppliers
engage with ADI to rapidly develop industry-leading solutions.
Utilizing technologies in simulated environments and real-world end
applications accelerates the development and adoption of these
innovative solutions. The newly created jobs at ADI Catalyst will
primarily focus on the development of software-enabled solutions
and artificial intelligence (AI) innovations in areas such as
Industry 4.0, sustainable energy, automotive electrification, and
next generation connectivity.
As an example, one of the current Catalyst projects is focused
on supporting healthcare’s exciting migration from a mass market
approach to one of customized treatment and therapies. ADI is
working closely with its customers and their larger ecosystem to
create flexible, next generation modular manufacturing systems that
enable the rapid changeover of production lines needed for
personalized treatments like CAR T-cell therapies and human
implants.
Commenting on the launch, Vincent Roche, President and CEO of
Analog Devices said, “ADI Catalyst is our latest investment in
the future of innovation, not just in Ireland or Europe, but
globally. It provides the ideal environment for experts in their
fields to connect, collaborate, test, and pilot new technologies,
business models, and ecosystems. Opening ADI Catalyst enables us to
share ideas, capabilities, and resources with teams in Europe, and
around the world, for the greater good.”
The Catalyst project is supported by the Irish Government
through IDA Ireland.
Commenting on ADI’s latest investment, An Taoiseach Micheál
Martin TD said, “ADI’s ongoing commitment to Ireland, as
witnessed over many decades, is to be celebrated today as we mark
yet another significant milestone. In a world where technology
continues to permeate every facet of our lives, continued
investment in today’s modern digital economy has never been more
important. ADI Catalyst further reinforces Limerick and Ireland’s
position as both a manufacturing hub for semiconductors and a
centre of excellence for innovation in Europe.”
Tánaiste and Minister for Enterprise Trade and Employment Leo
Varadkar said, “Congratulations to the Analog Devices Inc. team
on this latest expansion, which will create 250 new jobs over the
next three years in Limerick. It’s fantastic to see the company go
from strength to strength. This additional €100m will be invested
in new and emerging technologies in AI and machine learning,
automotive electrification and next generation connectivity,
including 5G applications - really exciting areas which will create
the jobs of the future. Thank you to the team at ADI for your
continued commitment to Ireland and the very best of luck with this
next stage.”
Also commenting on the launch of ADI Catalyst, CEO of IDA
Ireland Martin Shanahan said, “An investment of this scale by
ADI - a global leader in its field - is terrific news for the
Mid-West Region. Since 1976, ADI has had a presence here in
Ireland, where it employs more than 1,300 people. This latest
investment in ADI Catalyst, is not only testament to the company’s
continued focus on driving innovation, but also its longstanding
commitment to Ireland and Europe more broadly. In choosing to
expand operations here in Limerick, ADI has located in a region
with a buoyant business ecosystem, a strong track record of
established global businesses and talented and highly skilled
workforce. I wish to assure ADI of IDA Ireland’s continued
support.”
In addition to ADI Catalyst, Ireland is home to ADI’s European
Research and Development Center, which has an established
reputation for developing cutting-edge technology and includes the
assignment of more than 1,000 patents. ADI launched its European
manufacturing and R&D hub in 1976 in Limerick, Ireland, which
remains ADI’s European headquarters today. ADI employs more than
2,200 professionals across 14 European sites.
- Learn more about ADI Catalyst: Analog Devices Catalyst
Website
- Watch a video about ADI Catalyst: Analog Devices Catalyst
Video
About Analog Devices Analog Devices, Inc. (NASDAQ: ADI)
operates at the center of the modern digital economy, converting
real-world phenomena into actionable insight with its comprehensive
suite of high-performance analog and mixed signal, power
management, radio frequency (RF), and digital and sensor
technologies. ADI serves 125,000 customers worldwide with more than
75,000 products in the industrial, communications, automotive, and
consumer markets. ADI is headquartered in Wilmington, MA. Visit
https://www.analog.com.
All trademarks and registered trademarks are the property of
their respective owners.
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