Press Release 17 Dec 2009

Company to initially recruit 50 staff in Dublin, 100 by 2012

Tánaiste and Minister for Enterprise, Trade and Employment Mary Coughlan TD today (Thursday 17th December, 2009) announced that major US multinational firm, Maxim Integrated Products is to establish a new international business operation in Dublin, with the creation of 50 staff initially, rising to over 100 by 2012.  The development was facilitated by the Irish government through IDA Ireland.

Maxim’s new international business, financial, and technical customer services centre in Dublin will serve the Europe, Middle East and Africa (EMEA) region, along with parts of Asia. The centre will initially employ accountants, financial analysts, supply-chain specialists, information technology (IT) technicians, and multilingual customer-service staff. Maxim is hiring immediately, and details of these new career opportunities can be found in the careers section of the Company’s website at: www.maxim-ic.com/careers.

Speaking at the announcement, An Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan TD said: “The decision by Maxim Integrated Products to locate its International Business Services Centre in Dublin reinforces Ireland’s international reputation as a thriving centre for the delivery of International Business Services.  Maxim is a technically innovative, leading edge company and its products are world-renowned in the ICT industry and the high calibre of the jobs to be created by the company reflects the Irish Government’s strategy for a Smart Economy.  I am delighted to welcome Maxim to Ireland and look forward to working closely with the company as it develops its Irish operation”.   

Maxim was founded in 1983 and is headquartered in Silicon Valley in California. The Company is an industry-leading designer of high-performance semiconductor (microchip) products for the industrial, communications, consumer, and computing markets. The Company has been profitable every year since it went public in 1988 and employs approximately 8,800 people worldwide. Maxim invests over a quarter of all its revenues in R&D each year and announces on average one new product each day.

The Company is research driven, and holds multiple patents and industry awards for its inventions. It has a highly successful business model where it develops and owns its own intellectual property (IP). To stimulate new design ideas and product development, it operates 34 international technology centres, while 24 sales offices across the globe ensure close contact with over 35,000 customers. To control its business more directly, it operates 10 wafer fabrication and testing facilities worldwide.

Maxim’s products are used in portable and consumer devices like mobile phones, laptops, handheld Internet devices, cameras, set-top boxes, and LCD televisions. The Company’s chips also operate in numerous automotive, medical, industrial, broadband and communications functions, and in a vast array of other electronic systems.

“Dublin will be a strategically important international centre for Maxim,” said Tunç Doluca, President and CEO of Maxim. “We are investing in Ireland because the country has a talented and technically qualified workforce, and it has demonstrated a strong commitment to promoting R&D.” Maxim’s international growth plans are concentrated around delivering innovation and the recruitment of highly skilled personnel. “The positions we are creating in Dublin will support our presence in key markets across the EMEA region, and will add long-term value to our global business development,” Doluca added.


About Maxim Integrated Products
Maxim Integrated Products is a publicly traded company that designs, manufactures, and sells high-performance semiconductor products. The Company was founded over 25 years ago with the mission to deliver innovative analog and mixed-signal engineering solutions that add value to its customers' products. To date, it has developed over 6200 products serving the industrial, communications, consumer, and computing markets. Maxim reported revenue in excess of $1.6 billion for fiscal 2009. A Fortune 1000 company, Maxim is included in the Nasdaq 100, the Russell 1000, and the MSCI USA indices. For more information, go to www.maxim-ic.com.

For further information
Maxim Integrated Products
Tim Kinsella,
MKC Communications, Tel. +353 1 703 8600

IDA Ireland
Gillian Lawless,
Press & PR, Tel : 01-6034190