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Designed to Accelerate Collaborative Innovation and Support R&D in Europe
Analog Devices, Inc. (NASDAQ:ADI), a leading global high-performance semiconductor company, today announced it will invest €100 million over the next three years in ADI Catalysta 100,000 square foot custom-built facility for innovation and collaboration located at its campus in the Raheen Business Park in Limerick, Ireland. This latest phase of expansion will also see the creation of 250 new jobs in the Irish market by 2025 as a reflection of ADI’s continued commitment to expansion in Europe.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220303006086/en/
(Graphic: Business Wire)
ADI Catalyst is a state-of-the-art collaboration accelerator where ecosystems of customers, business partners, and suppliers engage with ADI to rapidly develop industry-leading solutions. Utilizing technologies in simulated environments and real-world end applications accelerates the development and adoption of these innovative solutions. The newly created jobs at ADI Catalyst will primarily focus on the development of software-enabled solutions and artificial intelligence (AI) innovations in areas such as Industry 4.0, sustainable energy, automotive electrification, and next generation connectivity.
As an example, one of the current Catalyst projects is focused on supporting healthcare’s exciting migration from a mass market approach to one of customized treatment and therapies. ADI is working closely with its customers and their larger ecosystem to create flexible, next generation modular manufacturing systems that enable the rapid changeover…
Full story available on Benzinga.com
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