Thomas Lyons 
Analog Devices, a multinational semiconductor company, has announced plans to invest €630 million in a new research and development facility at its Limerick base. The site, located at Raheen Business Park, is Analog’s European base and the new investment will enable the construction of a state-of-the-art, 45,000 sq-ft Research & Development and manufacturing facility. The new facility is expected to create 600 new jobs, bringing Analog’s total workforce in Ireland to over 2,000 people.
Analog Devices CEO and Chair, Vincent Roche, spoke about the investment, stating that “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.” Roche also highlighted Ireland’s strong academic and research organizations, business ecosystem, and progressive government leadership as key factors in Analog’s decision to invest in the country.
Taoiseach Leo Varadkar welcomed the announcement, stating that the investment is “really significant” and will lead to the creation of 600 high-end graduate jobs, as well as spin-off jobs and contracts for local SMEs and Irish-owned businesses. Varadkar also emphasized the importance of microchips in the digital future, stating that “there can be no such future without microchips and it’s great that Ireland is such an important player in the supply chain.”
Analog Devices has had a presence in Ireland since 1976 and has established itself as a critical innovation center for the company. The new investment marks a significant expansion in the size and scale of ADI’s research, innovation, and development, leading to new, highly innovative products. The construction of the new facility is expected to create a significant number of jobs during the construction phase, providing a boost to the local economy.
The announcement comes as a welcome boost to Ireland’s economy, which has been hit hard by the COVID-19 pandemic. The Irish government has been working to attract foreign investment to the country as part of its recovery plan, and Analog’s investment is a testament to the country’s attractiveness as a destination for foreign investment.
Analog Devices is a leading global high-performance analog technology company dedicated to solving the toughest engineering challenges. The company enables its customers to interpret the world around us by intelligently bridging the physical and digital with unmatched technologies that sense, measure, power, connect and interpret. Analog Devices has a portfolio of more than 100,000 products used by over 125,000 customers in various industries, including automotive, communications, healthcare, and industrial automation.
