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ADI Invests $100 Million in European Business

Google 우선 소스Published2022.03.18 09:08

▲ A view of the ADI Catalyst facility


250 New Jobs to be Created in Ireland by 2025
Focus on software support solutions and AI innovation development

Global semiconductor company Analog Devices demonstrates its commitment to fulfilling its pledge to continuously expand its business in Europe by investing in ADI Catalyst.

Analog Devices announced plans to invest 100 million euros over the next three years in ADI Catalyst, a 100,000-square-foot facility located at the ADI campus in Laheen Business Park, Ireland.

ADI Catalyst is a collaborative accelerator composed of customers, business partners, and suppliers working with ADI for the rapid development of solutions.

ADI Catalyst announced that it will create 250 new jobs in Ireland by 2025.

ADI Catalyst announced that new jobs will focus on developing software-supported solutions and artificial intelligence (AI) innovations in areas such as Industry 4.0, sustainable energy, automotive electrification, and next-generation connectivity.

The ADI Catalyst project is supported by the Irish government through the Irish Investment Development Agency (IDA Ireland).

Vincent Roche, President and CEO of Analog Devices, said, “ADI Catalyst is not limited to Ireland or Europe, but is global“It is an investment in future-oriented innovation targeting the industry. It provides an ideal environment where experts in the field can connect with new technologies, business models, and ecosystems to collaborate, test, and evaluate. With the launch of ADI Catalyst, we are now able to share ideas, capabilities, and resources with teams in Europe and around the world for the better,” he said.

Irish Prime Minister Micheál Martin commented on ADI’s recent investment, stating, “ADI has consistently invested in Ireland for decades, and this investment will mark another significant milestone. In today’s world, where technology permeates every aspect of our daily lives, continued investment in the advanced digital economy is more important than ever. ADI Catalyst further strengthens Limerick and Ireland’s position as a hub for semiconductor manufacturing and a center of European innovation.”
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