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Ray Stata

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Ray Stata
NameRay Stata
Birth date20 January 1936
Birth placeNew Castle, Pennsylvania
Alma materMassachusetts Institute of Technology
OccupationElectrical engineer, entrepreneur
Known forCo-founder of Analog Devices
SpouseMaria Stata

Ray Stata is an American electrical engineer and entrepreneur, best known as the co-founder and longtime leader of the semiconductor company Analog Devices. A graduate of the Massachusetts Institute of Technology, he played a pivotal role in transforming the company from a startup into a global leader in data conversion and signal processing technologies. His career is also marked by significant contributions to engineering education and philanthropic efforts in the Boston area.

Early life and education

Ray Stata was born in New Castle, Pennsylvania, and developed an early interest in technology. He pursued higher education at the Massachusetts Institute of Technology, where he earned both a Bachelor of Science and a Master of Science degree in electrical engineering. His time at MIT was formative, providing a deep foundation in engineering principles and fostering connections that would later prove instrumental in his professional life. Following his graduation, he served as a lieutenant in the United States Air Force, further honing his technical and leadership skills.

Career at Analog Devices

In 1965, Stata co-founded Analog Devices alongside Matthew Lorber. The company initially focused on manufacturing operational amplifiers, critical components in analog circuit design. Under his leadership, first as Vice President of Engineering and later as President and CEO, the company pioneered advancements in integrated circuit technology for data acquisition systems. A key strategic move was the development and commercialization of the analog-to-digital converter, which became fundamental to countless applications in telecommunications, industrial automation, and consumer electronics. His tenure saw Analog Devices grow through strategic acquisitions, including the purchase of Computer Labs and Precision Monolithics, solidifying its market position. He served as Chairman of the Board until 2022, guiding the company's expansion into new areas like MEMS sensors and digital signal processing.

Other ventures and philanthropy

Beyond Analog Devices, Stata has been deeply involved in fostering innovation and education. He is a co-founder of the Massachusetts High Technology Council, an organization advocating for policies to support the technology sector in Massachusetts. He served as Chairman of the American Electronics Association and was a founding member of the Council on Competitiveness. His philanthropic focus has largely centered on MIT, where he and his wife, Maria, made a landmark donation to establish the Ray and Maria Stata Center, a building designed by architect Frank Gehry that houses the Computer Science and Artificial Intelligence Laboratory and the Department of Linguistics and Philosophy. He has also provided significant support to the MIT Sloan School of Management and served on the MIT Corporation.

Awards and recognition

Stata's contributions to engineering and industry have been widely recognized. He is a Fellow of the Institute of Electrical and Electronics Engineers and a member of the National Academy of Engineering. He has received honorary doctorates from several institutions, including the University of Massachusetts Lowell and Worcester Polytechnic Institute. Among his notable honors are the IEEE Founders Medal, the Robert N. Noyce Award from the Semiconductor Industry Association, and the Bower Award for Business Leadership from The Franklin Institute. In 2014, he was inducted into the Entrepreneurship Hall of Fame at the MIT Museum.

Personal life

Ray Stata is married to Maria Stata, and the couple has two children. They maintain a residence in the Boston area and have been long-time supporters of cultural and educational institutions throughout New England. An avid sailor, Stata has participated in numerous regattas. His personal and professional ethos has consistently emphasized the importance of continuous learning, innovation, and giving back to the community that supported his success.

Category:American electrical engineers Category:American chief executives Category:1936 births Category:Living people Category:Massachusetts Institute of Technology alumni Category:Analog Devices