Analog Devices Expands Raleigh, NC Presence with Move to The Dillon

NORWOOD, Mass.–(BUSINESS WIRE)–Analog
Devices, Inc.
(ADI) today announced it is expanding its Raleigh, NC
office and has moved to The Dillon in downtown Raleigh’s growing
Warehouse District. The Raleigh office is an ADI Center of Excellence
focused on researching and developing the software-defined radio (SDR)
systems that underpin modern wireless communication systems and
infrastructures, including 5G networks. The Raleigh office has doubled
in size over the past five years and this move facilitates the office’s
continued growth by accommodating more than 120 employees.

“Analog Devices has not wavered in its pursuit of cutting-edge
innovation as the path to sustainable growth since its founding,” said
Vincent Roche, CEO, Analog Devices. “The work we are doing in Raleigh to
enable the next generations of communication infrastructure, and this
new investment in the city, is a reflection of that commitment. We value
the Triangle’s incredible talent and innovation ecosystem and are
delighted to participate in and contribute to the city and surrounding
area’s growth.”

The SDR Group housed in Raleigh focuses on the embedded hardware,
software, and related technologies found in current and next-gen
wireless systems and networks. Analog Devices’ other North Carolina
offices are in Greensboro and Cary, where the company conducts R&D on
communications transceiver and power hardware, software, and
applications. In all, the company currently has nearly 400 employees in
the state.

Occupying 24,000 sq. ft. in The Dillon, ADI’s new office is
significantly larger than its previous location and is conveniently
located to major highways, Union Station, downtown Raleigh, and the
numerous amenities of the vibrant Warehouse District.

About Analog Devices
Analog Devices (Nasdaq: ADI) is a
leading global high-performance analog technology company dedicated to
solving the toughest engineering challenges. We enable our customers to
interpret the world around us by intelligently bridging the physical and
digital domains with unmatched technologies that sense, measure, power,
connect, interpret, and secure. Visit http://www.analog.com.

This release may be deemed to contain forward-looking statements
intended to qualify for the safe harbor from liability established by
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, among other things, our statements
regarding the expected benefits and timing of the expansion and
relocation of the Company’s Raleigh, NC office, anticipated hiring
efforts and expected advances in our technologies, solutions and product
development efforts and offerings, that are based on our current
expectations, beliefs, assumptions, estimates, forecasts, and
projections about the industry and markets in which Analog
Devices operates. The statements contained in this release are not
guarantees of future performance, are inherently uncertain, involve
certain risks, uncertainties, and assumptions that are difficult to
predict. Therefore, actual outcomes and results may differ materially
from what is expressed in such forward-looking statements, and such
statements should not be relied upon as representing Analog
Devices’ expectations or beliefs as of any date subsequent to the date
of this press release. Important factors that could cause actual results
to differ materially from the results described, implied or projected in
any forward-looking statements include delay in the occupancy of the new
Raleigh, NC location, difficulty or delay in our design, development,
production and marketing of products, technologies and solutions,
including those associated with SDR Group and other risk factors
described in our most recent filings with the Securities and Exchange
Commission. We do not undertake any obligation to update forward-looking
statements made by us.

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Contacts

Gerald Kimber White
Sr. Director of Communications
Analog
Devices, Inc.
Tel: 781-461-3839
E-mail: [email protected]

Anuj
Baveja
FleishmanHillard
Tel: 919-334-3782
E-mail: [email protected]

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