Product variety; a place on the international circuit
Analog Devices is the one of the world's largest manufacturers of analog and digital semiconductors. These standard linear integrated circuits, or SLICs, account for over half of the company's revenues. Other company sectors include the Computer Products Division, which produces audio, data communications and video goods; the Communications Division, maker of cellular phones; the Transportation and Industrial Products Division, which primarily produces accelerometers for automobile airbags; and the Assembled Products Division, which combines integrated circuits with other components to make devices such as input/output subsystems.
Analog Devices' diverse product line and its reputation for quality have kept the company on a steep track to success. The company won the "Innovation of the Year" award from EDN Magazine for the third time in 1998 for its ADXL202 accelerometer, followed by manager of Northwest Labs, Dr. Barrie Gilbert, receiving the "Innovator of the Year" award in 1999. Analog Devices' revenue soared to $1.45 billion in fiscal '99, up $200 million from the previous year.
The company is strong internationally, having emphasized international sales since its founding in 1965. With sales offices in 18 countries, Analog Devices today earns 54 percent of its revenue from European and Asian sales and is targeting new products and new markets for the future.
Intel-ligent new strategy
At the end of 1998, because of declining chip prices, Analog Devices profits fell, as did the price of its stock. But the company has regained its edge thanks in part to timely acquisitions and partnerships. In September 1998, Analog Devices announced a partnership with Applied Microelectronics, Inc. In February 1999, Analog acquired White Mountain DSP, a leading supplier of emulators for digital signal processors, and Edinburgh Portable Compilers, a Scottish company specializing in software compilers for high performance, embedded applications. Analog also partnered with Intel Corp. that month to design a DSP structural core.
With the rising demand for wireless messaging, Analog Devices is devoting a larger portion of its R&D to the communications market. Analog presented its amazing chipset, Othello, in September 1999, which adds significant battery life to cell phones using RF (radio frequency) technology. In April 2000, Analog formed an alliance with Cadence Design Systems to provide companies with DSP technology, key to the quality of cellular phones. The escalating demand in this sector could bring Analog an increase in sales of 70 percent or greater by 2001. With the expanding cellular phone industry, Analog Devices believes it's on a path of continued future success.
Analog Devices' employment web page lists job openings both by department and by geographic location. The listings also include a job code and the appropriate fax number and/or e-mail address to which one should submit a resume. Hiring resumed in 1999 after being frozen for six months in 1998. Applicants, beware - employees almost universally tell of interviews that are "technical in nature", and particularly "intense for the engineering community." The interviews tend to last all day, involving separate meetings with eight to 10 people. But don't whip out your college textbooks quite yet, as one contact reports that "the emphasis is not so much which formulas you can regurgitate, but how you think when faced with unfamiliar information."
'Picking up steam'
Analog Devices' "impressive, steady growth" is, according to insiders, "picking up steam." Adds another, "in a typically volatile industry, the company's unblemished record of corporate stability has earned the trust and respect of employees," who often boast that Analog Devices has never laid off workers. Moreover, employees call Analog Devices' pay scale "above the industry average" and say that benefits include "two bonus payouts each year," a "generous" tuition assistance policy, and a stock purchase plan. There is "no formal dress code" at Analog Devices.
Great colleagues, few perks
Employees generally hold their colleagues in high praise, reporting that "the level of talent here is pretty impressive. In some meetings, I'm the only person there who can speak only one language." Another notes, "the culture is very friendly and open... Employees are in general treated well." As one contact puts it, "the hours can be long at times, but we all work together as a team to accomplish a goal." Work hours vary "from a seven-day workweek to a 1st shift 40 hour." But if you're looking for a perk-heavy place to work, keep in mind that "ADI tends to avoid perks so we don't have company cars, management dining room, or fancy offices." All in all, most employees seem happy to be working for Analog Devices: "If you will work in our industry, ADI is one of the best companies."
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