Antares was established to focus on high quality, lower cost tools for the UNIX and Microsoft Windows market. It did not use the Mentor Graphics sales force, but relied instead on telesales and value added resellers. Mentor Graphics’ recently acquired Model Technology and Exemplar Logic subsidiaries have been combined to form Antares. Antares is currently wholly owned by Mentor Graphics, but over time, Mentor Graphics plans to issue approximately 10% of Antares’ stock to Antares employees through an equity incentive program.
