The importance of artificial intelligence has 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.
Global CEO Vincent Roche was speaking after the company recently welcomed the taoiseach, Micheál Martin, to its Limerick site as the company marked the 50th anniversary of its operations in Ireland.
Invested more than €5bn in capital projects across its Irish footprint
Since establishing its first Irish operations in 1976, ADI has invested more than €5bn 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.
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.
The anniversary milestone at ADI Catalyst – the company's 100,000-sq-ft innovation and collaboration hub in Raheen – 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.
"ADI’s 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’s success is woven into the wider story of modern Ireland's economic success,” said Martin.
“What 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’re proud that Ireland is playing a key role in this."
The semiconductor firm currently employs more than 2,000 people across sites in Limerick, Dublin and Cork.
It makes 75,000 products used in virtually all types of electronic equipment.
Design specific accelerated solutions
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.
Roche said: “Today 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 – from our initial small manufacturing site, to today’s cutting-edge R&D and manufacturing operations.
"The country’s 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.
"Similarly, our collaboration with Ireland’s 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."
Michael Lohan, CEO of IDA Ireland, said: “ADI’s 50-year legacy of economic and societal impact in Ireland is truly significant. Since 1976, ADI’s 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.”