Analog Devices, a US-based semiconductor company that specialises in data conversion, signal processing and power management technology, announced on Friday, March 4, that it will expand in Europe and will invest €100M over the next three years in ADI Catalyst, creating 250 new jobs in Ireland by 2025.
The project is supported by the Irish Government through IDA Ireland. ADI Catalyst is a 100,000 square foot custom-built facility for innovation and collaboration located at its campus in the Raheen Business Park in Limerick, Ireland.
Tanaiste and Minister for Enterprise Trade and Employment, Leo Eric Varadkar, says, “Analog Devices 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.”
“A collaboration hub that builds ecosystems and resolves tough challenges”
ADI Catalyst is a collaboration hub for customers looking to get to market faster, generate revenue more efficiently, and strengthen and evolve their ecosystem.
Catalyst is an R&D environment with a focus on forming stronger collaborative partnerships, exchanging ideas, creating living labs, and developing breakthrough solutions. The collaboration hub utilises a partnership approach to help customers resolve their challenges.
According to its website “Collaborations and ecosystems of experts are the key to success in today’s complex technology world. Together, we can co-create within this collaboration hub groundbreaking technologies and solutions at an accelerated pace and achieve breakthroughs across a vast array of industries – from automotive and communications to digital healthcare and industrial automation.”
The newly created jobs at ADI Catalyst will predominantly 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.
One of the current Catalyst projects is focused on supporting healthcare’s migration from a mass-market approach to one of customised 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 changeover of production lines needed for personalised treatments like CAR T-cell therapies and human implants.
ADI serves 125,000 customers worldwide with more than 75,000 products in the industrial, communications, automotive, and consumer markets.
In addition to ADI Catalyst, Ireland is home to ADI’s European Research and Development Centre, 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.
About Analog Devices
The company claims to operate at the centre of the modern digital economy, converting real-world phenomena into actionable insight with its suite of analog and mixed-signal, power management, radio frequency (RF), and digital and sensor technologies.
Vincent Roche, President and CEO of Analog Devices, says, “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.”
