History
The company was founded by two MIT graduates, Ray Stata and Matthew Lorber in 1965. The same year, the company released its first product, the model 101 op amp, which was a hockey-puck sized module used in test and measurement equipment. In 1967, the company published the first issue of its technical magazine, Analog Dialogue.
In 1969, Analog Devices filed an initial public offering and became a publicly traded company. Ten years later, the company was listed on the New York Stock Exchange.
In 1973, the company was the first to launch laser trim wafers and the first CMOS digital-to-analog converter.
In August 1990, Analog Devices acquired Precision Monolithics Inc.
By 1996, the company reported over $1 billion in company revenue. That same year, Jerald Fishman was named President and CEO, a position he still holds today.
In 2000, ADI’s sales grew by over 75% to $2.578 Billion and the company acquired five companies.
By 2004, ADI had a customer base of 60,000 and its portfolio included over 10,000 products.
In June 2010, Analog Devices announced that it would launch a €23M ($28M) investment in its plant in Limerick, Ireland.
Read more about this topic: Analog Devices
Famous quotes containing the word history:
“Culture, the acquainting ourselves with the best that has been known and said in the world, and thus with the history of the human spirit.”
—Matthew Arnold (1822–1888)
“If usually the “present age” is no very long time, still, at our pleasure, or in the service of some such unity of meaning as the history of civilization, or the study of geology, may suggest, we may conceive the present as extending over many centuries, or over a hundred thousand years.”
—Josiah Royce (1855–1916)
“History is the present. That’s why every generation writes it anew. But what most people think of as history is its end product, myth.”
—E.L. (Edgar Lawrence)