LONDON ó IDA Ireland, the government agency responsible for industrial
development in Ireland, has announced a 23 million euro (about $28 million)
investment in R&D at Analog Devices facility in Raheen, County Limerick.
The investment, which builds on the history of R&D activity at the site,
is begin supported by IDA Ireland, although the agency did not say how much
money, or what proportion of the spending, it would be providing.
Analog Devices Inc. (Norwood, Mass.) plans to develop a number of
semiconductor process technologies there for use in medical instrumentation,
communications, industrial applications and the automotive industry.
"The decision to further invest in R&D at our Limerick campus is a very
positive one for our local operations and is in keeping with the focus on
innovation, investment and change that has always been at the forefront of our
operations here - both in high end manufacturing and integrated circuit design,"
said Analog Devices vice president of manufacturing Dennis Dempsey, in a
statement issued by IDA Ireland.
"This new investment will facilitate broadening the scope of the companyís
research mandate as we undertake new process developments for the corporation.
Our Limerick based team will be driving technological developments based on our
customers' rapidly evolving needs across a wide range of industries throughout
the globe. Our high end manufacturing operations and our highly skilled
workforce will continue to maintain their competitive edge as a result of this
Some of the R&D work is set to be carried out in conjunction with the
Tyndall Institute in University College Cork.
Analog Devices employs more than 1,000 people in Limerick and, on average,
files 6 percent of all Irish registered patents.
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