Analog Devices Announces 50 Million Euro R & D Investment
Analog Devices, Inc. (ADI) announced that it will embark on a €50 million R&D (research and development) investment program at its campus in Raheen, Co. Limerick, Ireland.
The investment program focuses on the expansion of ADI’s R&D capabilities in Limerick and is supported by the Irish Government through IDA Ireland. Over the next five years, the program is expected to result in the creation of approximately 100 high-skilled jobs, such as positions in integrated circuit design and applications engineering. A 140,000-square-foot R&D center, including specialized laboratory space, will be constructed as part of this investment. The announcement builds on the €23 million investment in Ireland made by ADI in June 2010 as part of a manufacturing expansion program.