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THE FUTURE TURNS FIFTY #ADIturns50
10 Facts to Know About Analog Devices, Inc.
Analog Devices was founded in 1965 in Cambridge, Massachusetts, by 1 Ray Stata, currently Chairman of the Board for ADI, and Matthew Lorber, his classmate at the Massachusetts Institute of Technology (MIT). Their first product was the Model 101 general-purpose operational amplifier, a hockey puck sized module used in test and measurement equipment.
ADI was the first semiconductor supplier to establish an IC 2 manufacturing presence in Ireland in 1977. Today, ADI operates Ireland’s largest semiconductor R&D center in Limerick. Our global presence includes over 50 design, development, FAE, sales, and manufacturing centers worldwide.
During ADI’s 50-year history, only three CEOs have led the company. 3 The current president and CEO, Vincent Roche, is a 27-year veteran of ADI who has held senior positions covering products and technologies, market segments, sales, and marketing. The previous president and CEO, Jerald G. Fishman, was a 41-year veteran of ADI who succeeded Mr. Stata as CEO in 1996. 4 ADI has 100,000 customers and a portfolio of more than 20,000 products.
ADI ships greater than 96% of all of our products to our customers in less 5 than six weeks. This is a testament to our superior supply chain agility, which gives us and our customers a competitive edge.
ADI has generated more than $9 billion in cumulative profits over 50 years, 6 an outstanding average of 19% of sales in profits.
ADI has invested over $9 billion in signal processing research and development 7 over the past 50 years. The company holds over 2200 patents and has nearly 800 patents pending.
ADI is the market leader in data converters and high performance amplifiers. 8 These signal conversion and conditioning technologies comprise the critical bridge between real-world signals and electronics. More than 70% of company revenues derive from these technologies and a significant portion of R&D is focused here.
On July 22, 2014, ADI completed the $2 billion acquisition of Hittite Microwave 9 Corporation, representing the largest acquisition in ADI’s history. This results in a portfolio offering of over 2000 RF and microwave products, making ADI the broadest supplier to cover the entire signal chain, across the frequency spectrum up to 110 GHz.
By some estimates, less than 0.01% of companies last 50 years. We are proud 10 of all we’ve accomplished and very excited by what lies ahead.
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