Analog Devices invests in Ireland scholarship

Analog Devices Ireland has partnered with the University of Limerick’s engineering faculty for a scholarship program.

By Suzanne Deffree, Managing Editor, News -- Electronic Business, 9/23/2009

Analog Devices Ireland has partnered with the University of Limerick’s engineering faculty for a scholarship program valued at 125,000 Euro (about $184,233).

"We are investing 125,000 Euro in this important initiative as we believe that it is very important to play our part in encouraging young people to select engineering as an exciting and rewarding career choice," Ray Stata, co-founder and chairman of ADI, said in a statement.

The scholarship fund is being established in memory of the late Hank Krabbe, the founding managing director of Analog Devices in Limerick.

ADI noted that the partnership with the university builds on its existing commitment to the BT Young Scientist and Technology Exhibition and on the Eamon Dillon bursary that is up and running in Limerick.

The ADI scholarship will be awarded to the top student after their first year in electronic engineering annually for the next four years at the university. The Hank Krabbe medal will be accompanied by a check for 5,000 Euro ($7,369) and a 7,000 Euro ($10,318) payment will be made prior to beginning year two, year three, and year four.

The university thanked ADI for its scholarship, saying it is very grateful for the company's continued support, long-term friendship, and association with the school.