Analog Devices Inc
) has recently announced its decision to be a part of the
Industry Affiliate Program of the Centre for Nano Science and
Engineering (CeNSE) of the Indian Institute of Science (IISc).
This collaboration has been initiated with a view to encourage
innovation, provide better industry understanding and to speed up
the commercialization of active research in MEMS and
Nano-Sciences in India.
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As an integral part of the industry affiliate program, ADI will
collaborate with CeNSE to remove the gap between industry
dynamics and research by establishing a technical liaison and
identifying important areas for development of technologies and
products of mutual interest.
The Centre for Nano Science and Engineering generally pursues
research in various spheres with its prime focus being nano-scale
systems. CeNSE has a large fabrication facility spread across
14,000 square feet and hence is believed to be well prepared for
undertaking projects that aim at providing solutions for real
life problems in collaboration with the industry.
Analog Devices, Inc. is one of the world leaders in the design,
manufacture and marketing of high-performance analog,
mixed-signal and digital signal processing integrated circuits
used in signal processing applications.
The collaboration is expected to benefit both the parties. It
will enable CeNSE to observe the industry much more closely,
enable its researchers to work directly on industry problems and
lead to the production and commercialization of innovative
products using cutting-edge technology. Analog Devices, on its
part, will provide product knowledge to researchers and aim at
developing state-of-the art industry solutions.
Analog Devices Inc. reported third quarter 2013 earnings of 57
cents per share, higher than the Zacks Consensus Estimate of 54
cents. The increase was driven by strong revenue growth coupled
with better gross margins and solid expense management.
Currently, Analog Devices has a Zacks Rank # 3 (Hold). Other
stocks that look attractive are
NXP Semiconductors NV
Microchip Technology Inc
), all with a Zacks Rank # 2 (Buy).