To Add Infrastructure Management Expertise to IBM’s Software Portfolio
ARMONK, NY —
April 1, 2004 — IBM today announced it has agreed to acquire Candle
Corporation, a privately held company based in El Segundo, California. Financial
details were not disclosed. Candle offers a broad set of solutions to help
customers develop, deploy and manage their enterprise infrastructure. The
company’s offerings help optimize data centers and application infrastructure.
The acquisition will provide customers with an enhanced set of software
solutions for managing an on demand operating environment and complements IBM’s
“Candle brings award-winning infrastructure management expertise and
technology to the IBM software portfolio,” said Steve Mills, senior vice
president and group executive of IBM Software Group. “Together we will
provide customers with powerful capabilities for managing end-to-end
infrastructure, processes and applications, which are key requirements for the
on demand operating environment.”
“Candle has been an IBM Business Partner since our founding in 1976,”
says Aubrey Chernick, chairman and chief executive officer of Candle
Corporation, “and we’ve always taken synergistic paths with our
technologies and strategies. Combining the two companies will offer our
customers a more comprehensive set of solutions, which will enable IT to deliver
greater business value.”
Candle has more than 3,000 customers worldwide. Over the years, Candle has
developed an extensive and highly regarded set of infrastructure management
solutions that cover a wide range of hardware and software, including IBM’s DB2,
Lotus, Tivoli and WebSphere software, as well as zSeries, Linux, UNIX and
The acquisition is subject to customary regulatory approvals and is expected to
close in the second quarter of 2004.
For information on Candle Corporation, visit http://www.candle.com.
IBM is the world’s largest information technology company, with 80 years of
leadership in helping businesses innovate. Drawing on resources from across IBM
and key Business Partners, IBM offers a wide range of services, solutions and
technologies that enable customers, large and small, to take full advantage of
the new era of e-business. For more information about IBM, visit http://www.ibm.com.