Analog Devices (ADI), a leading semiconductor company, will invest €100 million over the next three years in ADI Catalyst, creating 250 new jobs in Ireland by 2025.
ADI Catalyst is a 100,000 square foot custom-built facility for innovation and collaboration located at its campus in the Raheen Business Park in Limerick, Ireland. The Catalyst project is supported by the Irish Government through IDA Ireland.
ADI Catalyst is a collaboration accelerator where ecosystems of customers, business partners, and suppliers engage with ADI to develop 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.
“ADI Catalyst is our latest investment in the future of innovation, not just in Ireland or Europe, but globally,” Vincent Roche, President and CEO of Analog Devices said.