Analog Devices has announced a €630 million investment at its European regional headquarters in the Raheen Business Park in Limerick, Ireland.
According to the company, the investment will enable the construction of a “new, state-of-the-art, 45,000 square-foot research and development/manufacturing facility.” This will support Analogue Devices' development of next-generation signal processing, designed to “accelerate the digital transformation of industrial, automotive, healthcare, and other sectors.”
Discussing the move, the company’s CEO and chair, Vincent Roche, said: “This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence.
“Through organic R&D and close collaboration with our customers and ecosystem partners, we are striving to solve some of the world’s greatest challenges and enable a more efficient, safer, and sustainable future.”
The new investment is planned as part of a collaboration within the European Union’s Important Projects of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME/CT) initiative. It will support cross-border collaborative research.
Analog Devices describes itself as a global semiconductor leader which "bridges the physical and digital worlds to enable breakthroughs at the ‘intelligent edge’."
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