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here to SIGN COAT's online PETITION now! Stop CPP investments in firms selling military, police, spy or prison-related products to Israel |
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Analog |
Canada Pension Plan (CPP) Investment in 2011 = $12 million |
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This is the online version of |
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Investments in ADI by other Top Canadian Pension Funds: |
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Caisse |
$9,571,000 | |||
OMERS |
$257,000 | |||
OTPP |
$4,466,000 | |||
PSPI |
$3,448,000 | |||
Total = $29,742,000 | ||||
Although ADI’s wholly-owned subsidiary, Analog Devices (Israel), was established in 1980, it wasn’t until 1996, that ADI established its R&D "Design Centre" in Israel. From its inception until its closure a decade later, the ADI’s centre was led by Ran Talmudi, who began his high-tech career at Elbit Systems, Israel’s largest weapons manufacturer. When ADI’s president Jerald Fishman, went to Israel for the ADI centre’s opening, he told the Globes business paper that during the previous year ADI sold US$20 million worth of products to Israel’s communications and "defense electronics industries." He estimated that ADI’s future sales to Israel’s military sector alone would comprise 40% of its total sales. In its reportage, Israel’s Globes newspaper noted that "Even though Fishman, one of the Analog Devices founders, is a Jew, the company’s Israeli connection comes through chairman Ray Stata." Stata, who cofounded ADI in 1965, also started Stata Venture Partners. This investment firm’s holdings include Teradiode, a laser manufacturer that says its products "enable many defense applications, including infrared countermeasures, target designators and directed energy weapons." Fishman and Stata gave ADI’s Israeli R&D Centre "the job of developing the TigerSHARC." A scan of ADI’s website finds more than 11,000 pages mentioning the military applications of TigerSHARC DSPs. Although its R&D Centre in Israel was closed in 2006, Analog Devices (Israel) is still active in Ra’anana distributing ADI’s products. ADI also has a broad network of "Third Party Developers" (TPDs) in Israel. TPDs are companies whose products rely on ADI electronics. Of the eight Israeli firms that ADI lists as its TPDs, six are described by ADI as supplying the "Military" (M) and/or "Security & Surveillance" (SS) markets. These firms are: MasterKey (SS), Galium (SS), Imaging Diagnostics (M, SS), Jungo (M, SS), Linux4biz (M, SS) and Orlead (M, SS). Another company in ADI’s database of TPDs is Elliptic. This Ottawa-based firm says it supplies both military and security/surveillance markets. Elliptic, which uses ADI’s SHARC and TigerSHARC processors, also says that it exports to customers in Israel. One of ADI’s top Israeli customers, Elta Electronics, is a subsidiary of Israel’s second largest weapons maker, Israel Aerospace Industries (IAI). (See "State-owned Israeli War Industries.") IAI’s website has numerous references to its reliance on ADI’s "SHARC" DSPs for such military products as: l "Airborne, maritime and ground based multimode [weapons] fire control Radar, SAR [Synthetic Aperture Radar],"l "Image and video processing,"l "Communication, Cryptography, ELINT [Electronic signals intelligence] and COMINT [Communications Intelligence]," andl "Sonar, Electronic Warfare, Automatic Target Recognition."ADI’s wares can also be found in major US weapons systems of the kind transferred to Israel. For example, in 2000, ADI received a worth US$775 thousand contract from US Aviation and Missile Command for applied research related to AH-64 "Apache" attack helicopters. ADI also received US contracts in 2003 and 2007 to supply microcircuits for F-16 "Falcon" fighter/bombers. AH-64s and F-16s transferred to Israel were used in air strikes against Lebanon (2006) and Gaza (2008-2009). |
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COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the
CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and
prison-related products. To read COAT's research on the first half of these 68 companies, click the pdf links below to see the print version of Issue 66. Or, click each company name for the web version.) (Articles on the second set of 34 companies are in Issue #67 of Press for Conversion!): |
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pdf 3M Co pdf Amdocs Ltd pdf Analog Devices Inc pdf AT&T pdf BAE Systems pdf Bank Hapoalim pdf Bezeq pdf Bharat Electronics Ltd pdf CAE Inc pdf Carlyle Group pdf Caterpillar Inc pdf Cellcom Israel pdf Cemex pdf Cisco Systems pdf CRH plc pdf Daewoo Engineering & Construction pdf Daimler AG pdf Delek Group pdf Dell Inc pdf Discount Investment Corp pdf Doosan Corp pdf Eaton Corp pdf Elbit Systems pdf EMC Corp pdf Evraz Group pdf Fiat Industrial pdf Fiat SpA pdf Finmeccanica pdf Fujitsu Ltd pdf Hewlett-Packard Co pdf Hitachi Ltd pdf Honeywell International pdf Hyundai Motor Co pdf Hyundai Heavy Industries Additional resources from this issue: Israeli Spy Companies: Verint and Narus
State-owned Israeli War
Industries:
Vertex Venture Capital:
Table listing
CPP Investments worth $1.5
billion
in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.
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Analog Devices Analog Devices Aerospace & Defense "Analog Devices Seeks Israeli Partner," Globes,
February 12, 1997. "Third generation comes first in Israel," Globes,
January 31, 2002. Defense Google search of the ADI website for "TigerSHARC" and
"military" DSP - Digital Signal Processoring Modules Third Party Developers Program for Processors and DSP Government Contracts USA Defense Dep’t |