Analog Devices has €3.5bn in sales via Limerick

Pre-tax profits at a Limerick-based unit of US technology firm, Analog Devices last year soared by 28% to $346.9m (€316.3m).

New accounts filed by Analog Devices International Unlimited Company (ADI) show that the firm recorded the surge in profits as revenues increased by 6.44% from $3.789bn to $4bn in the 12 months to the end of November 3rd last.