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The Fraunhofer-Gesellschaft is the leading organization for applied research in Europe. Its research activities are conducted by 67 institutes and research units at locations throughout Germany. The Fraunhofer-Gesellschaft employs a staff of more than 23,000, who work with an annual research budget totaling 2 billion euros.
Founded in 1985, Fraunhofer Institute for Integrated Circuits IIS in Erlangen, Germany, ranks first among the Fraunhofer Institutes concerning headcount and revenues. With the creation of mp3 and the co-development of AAC, Fraunhofer IIS has reached worldwide recognition.
In close cooperation with partners and clients the Institute provides research and development services in the following areas: Audio & Multimedia, Imaging Systems, Energy Management,
IC Design and Design Automation, Communication Systems, Positioning, Medical Technology, Sensor Systems, Safety and Security Technology, Supply Chain Management and Non-destructive Testing.
About 830 employees conduct contract research for industry, the service sector and public authorities. Fraunhofer IIS with its headquarters in Erlangen, Germany, has further branches in Dresden, Fuerth, Nuremberg, Coburg, Deggendorf, Ilmenau, Wuerzburg, Bamberg and Waischenfeld. The budget of 108 million euros is mainly financed by projects. Less than 25 percent of the budget is subsidized by federal and state funds.