US chip giant Analog Devices plans 250 new jobs with Limerick expansionBlathnaid O’Deaon March 4, 2022 at 09:59 Silicon RepublicSilicon Republic

0

US semiconductor company Analog Devices plans to create 250 new jobs here by 2025 as part of its ongoing commitment to Ireland.

The company also said it will invest €100m in its Catalyst project, which is to be based at its custom-designed facility in the Raheen Business Park in Co Limerick. The project will be key to Analog Devices’ continued European expansion.

The company is looking to hire people with software and AI skills to work in areas such as Industry 4.0, sustainable energy, automotive electrification and next generation connectivity.

The new Catalyst project will function as an accelerator for Analog Devices to engage with its suppliers, business partners and customers to develop new innovative tech.

One of the initiatives it will focus on is supporting healthcare’s migration from a mass market approach to one of customised treatment and therapies.

The company is working closely with its customers and their larger ecosystem to build next generation modular manufacturing systems that enable the rapid changeover of production lines needed for personalised treatments like CAR T-cell therapies and human implants.

Analog Devices currently employs around 1,300 people in Ireland. It has had a presence here since the 1970s, when it established its European R&D centre in Limerick. In 2010 the company invested €23m in its Limerick campus’ manufacturing division.

The company’s CEO and president Vincent Roche said that the new project would enable Analog Devices to “share ideas, capabilities, and resources with teams in Europe, and around the world, for the greater good.”

“It provides the ideal environment for experts in their fields to connect, collaborate, test, and pilot new technologies, business models, and ecosystems,” he added. Catalyst is supported by the Government agency IDA Ireland.

Tánaiste and Minister for Enterprise Trade and Employment Leo Varadkar said he was pleased to see that the “additional €100m will be invested in new and emerging technologies in AI and machine learning, automotive electrification and next generation connectivity, including 5G applications – really exciting areas which will create the jobs of the future.”

Don’t miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic’s digest of need-to-know sci-tech news.

The post US chip giant Analog Devices plans 250 new jobs with Limerick expansion appeared first on Silicon Republic.

Leave a Comment