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AWR Corporation

Semiconductors · El Segundo, United States · Founded 1994

Develops electronic design automation software MoreLess

AWR Corporation, initially founded as Applied Wave Research in 1994, operates as a key player in the electronic design automation (EDA) software sector. The company was established by Joseph E. Pekarek, Ted A. Miracco, Stephen A. Maas, and Paul Cameron, who were colleagues at Hughes Aircraft. Their shared background in defense electronics and RF/microwave design spurred the creation of a firm dedicated to improving the design efficiency of high-frequency circuits and systems. Pekarek, who served as CTO, brought a deep academic and practical background in numerical electromagnetics and microwave circuits. Miracco's experience spanned EDA, semiconductors, and defense electronics, having worked at companies like EEsof Inc. before its acquisition by Hewlett Packard.

The company provides a computer-based environment for designing hardware for wireless and high-speed digital products. Its software is utilized for radio frequency (RF), microwave, and high-frequency analog circuit and system design. The client base includes corporations involved in the development of analog and mixed-signal semiconductors, wireless communications equipment, and systems for the aerospace and defense sectors, such as radar and electronic warfare systems. Revenue is generated through the sale and support of its specialized engineering software licenses. The core of AWR's offering is the AWR Design Environment platform, which includes a portfolio of integrated software tools such as Microwave Office, Visual System Simulator (VSS), Analog Office, AXIEM, and Analyst. Microwave Office, first demonstrated in 1998, integrates electromagnetic simulation, circuit simulation, and schematic capture. VSS evolved from the acquisition of ICUCOM Corporation in 1999 and provides system-level simulation. The product suite aims to create a seamless workflow from schematic entry and layout to electromagnetic and circuit theory, covering both frequency and time-domain methods.

AWR's growth trajectory includes several key acquisitions to enhance its technology portfolio. In 1999, it acquired ICUCOM to build its system simulation capabilities. In 2005, the company bought APLAC Solutions, a Finnish firm specializing in simulation and analysis software for analog and RF design, particularly for mobile phone RF integrated circuits. Later, in 2008, AWR acquired Simulation Technology and Applied Research (STAAR) to add 3D FEM EM simulation capabilities, which were marketed as the Analyst software. The company's journey also involved significant changes in ownership. After receiving investments from entities like CMEA Ventures, Intel Capital, and Synopsys Inc., AWR was acquired by National Instruments in 2011 for approximately $58 million. In a subsequent move, Cadence Design Systems acquired AWR from National Instruments in January 2020 for about $160 million, integrating AWR's RF design tools with its own platforms like Allegro and Virtuoso to offer more comprehensive solutions for complex ICs, packages, and boards. Keywords: electronic design automation, EDA software, RF design, microwave circuit design, high-frequency electronics, circuit simulation, electromagnetic analysis, Visual System Simulator, Microwave Office, AXIEM, Analyst, semiconductor design, aerospace electronics, defense systems, wireless communications, National Instruments, Cadence Design Systems, Joseph E. Pekarek, Ted Miracco

Company overview

AWR Corporation company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
1994
Headquarters
El Segundo, United States
Employees
115
Open positions
None listed
Dealroom signal
65.3
Investment activity
1 companies · latest Jan 2009
Capital deployed
Preferred round
ACQUISITION
client focusb2btechnologyDeep Techbusiness modelSaaSsectorVerificationsectorEngineering SolutionssectorElectronicssectorSemiconductor Engineering ToolssectorElectronic Design Automation (EDA)sectorHard TechsectorDT and LSsectorscience-basedindustrySemiconductors

Valuation & funding

AWR Corporation funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jul 2022 $0 Catalyst Environmental Solutions
ACQUISITIONExit Dec 2019 $160M $160M Cadence Design Systems
ACQUISITIONExit May 2011 $0 Undisclosed
EARLY VCEquity / VC Feb 2006 $6.4M $26M Synopsys · Intel Capital · CMEA Capital
SERIES BEquity / VC Jul 2002 $7.4M $30M Undisclosed
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 115
2025 143
2024 143
2023 143
2022 143
2021 143
2020 149
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Growth signals

AWR Corporation website traffic

Latest recorded traffic for AWR Corporation is 2K monthly website visits, up 25% over the last three months. AWR Corporation's team declined 19.6% over the past year.

Latest monthly visits2K 3-month web change+25% 1-year team growth-19.6%
Monthly website visits115 observations · Apr 2016–Jul 2026
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Comparisons

AWR Corporation compared with similar companies

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Capital deployed

AWR Corporation investments and acquisitions

Recent portfolio relationships for companies that also act as investors or acquirers.

Talent graph

AWR Corporation's talent

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Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on AWR Corporation's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 3 investors entered at this stage
Synopsys
Intel Capital
CMEA Capital
Other known 2 additional known investors
Cadence Design Systems
Catalyst Environmental Solutions

Global footprint

Where AWR Corporation has talent and traffic

Workforce by country
6 countries with
team presence
🇺🇸 United States58.3%
🇫🇮 Finland8.3%
🇮🇳 India8.3%
🇨🇳 China8.3%
🇷🇴 Romania8.3%
Top 5 of 6 shown

In the news

Latest news about AWR Corporation

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Market sentiment

What the market is saying about AWR Corporation

An AI-synthesized read of the highest-engagement posts about AWR Corporation on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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