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<\/p>\nThe importance of artificial intelligence\u00a0has led to an increase in demand for technology made by Analog Devices, and the company’s Global CEO expects Ireland to be at the centre of its growth into the future, it has revealed.\u00a0<\/p>\n
Global CEO Vincent Roche was speaking after\u00a0the company recently\u00a0welcomed the taoiseach, Miche\u00e1l Martin,\u00a0to its Limerick site as the company marked the 50th anniversary of its operations in Ireland.<\/p>\n
Invested more than \u20ac5bn in capital projects across its Irish footprint<\/p>\n
Since establishing its first Irish operations in 1976, ADI has invested more than \u20ac5bn in capital projects across its Irish footprint and today operates a significant manufacturing and research and development footprint at its sites in Limerick, Cork and Dublin.\u00a0<\/p>\n
Over five decades, Ireland has become a cornerstone of ADI’s global operations, supporting advanced semiconductor research, product development and manufacturing that enables innovation across healthcare, communications, industrial automation, mobility, energy and sustainability.<\/p>\n
<\/p>\n
The anniversary milestone at\u00a0ADI Catalyst\u00a0\u2013 the company’s 100,000-sq-ft innovation and collaboration hub in Raheen \u2013 recognised, the taoiseach said, the company’s long-standing contribution to Ireland’s economic development, technological leadership and global reputation as a destination for high-value investment and innovation.<\/p>\n
“ADI\u2019s commitment to Ireland over the past 50 years has made a significant contribution to our economy and to Ireland’s reputation as a global technology hub. By choosing Ireland and continuing to invest here decade after decade, the company helped pave the way for many of the international businesses that followed in setting up here. ADI\u2019s success is woven into the wider story of modern Ireland’s economic success,\u201d said\u00a0Martin.<\/p>\n
\u201cWhat is also striking is that 50 years after establishing operations here, ADI remains one of the world’s most advanced and innovative semiconductor companies. The technologies being developed by its teams in Ireland and around the world are helping address some of the most important challenges facing society, advancing both human and planetary health through innovation. We\u2019re proud that Ireland is playing a key role in this.”<\/p>\n
The semiconductor firm currently employs more than 2,000 people across sites in Limerick, Dublin and Cork.<\/p>\n
It makes 75,000 products used in virtually all types of electronic equipment.<\/p>\n
Design specific accelerated solutions<\/p>\n
Engineers at its Catalyst facility in Raheen, Co Limerick, team up directly with clients and suppliers working on design specific accelerated solutions, in highly technological simulated and robotic led environments.\u00a0<\/p>\n
Roche said:\u00a0\u201cToday is a celebration of the people, partnerships and vision that have helped shape ADI’s success in Ireland, Europe, and globally over the past five decades. Ireland has played a pivotal role in our growth \u2013 from our initial small manufacturing site, to today\u2019s cutting-edge R&D and manufacturing operations.<\/p>\n
“The country\u2019s exceptional talent, strong culture of innovation, and vibrant ecosystem have made it a central part of our global innovation network. We are grateful for the support we have received for more than 50 years from the IDA, whose partnership has facilitated our expansion and impact here. \u00a0<\/p>\n
“Similarly, our collaboration with Ireland\u2019s world-class universities and research institutions continues to fuel our ability to innovate and compete globally. We value the continued support of the Irish government and people, reflected by the Taoiseach’s presence with us today, as we mark this half-century milestone.”\u00a0<\/p>\n
Michael Lohan, CEO of IDA Ireland, said:\u00a0\u201cADI\u2019s 50-year legacy of economic and societal impact in Ireland is truly significant. Since 1976, ADI\u2019s operations in Ireland have grown from strength to strength and are now recognised as a strategic cornerstone of its global operations. I would like to extend my sincere congratulations to ADI and look forward to further strengthening IDA Ireland’s partnership as the company continues to innovate and invest in Ireland.\u201d<\/p>\n
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