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IBM Completes Acquisition of Candle Corporation

Candle's Infrastructure Management Expertise Integrated Immediately Into IBM's Software Business

ARMONK, NY - 07 Jun 2004: IBM today announced the completion of its acquisition of Candle Corporation two months after reaching a definitive agreement to purchase the El Segundo, California-based company.

The addition of Candle builds on IBM's industry-leading middleware offerings. Candle will be integrated into IBM Software Group immediately.

Candle, with more than 5,000 customers in 60 countries, helps customers develop, deploy and manage their enterprise infrastructure. The acquisition will provide customers with an enhanced set of software solutions for managing an on demand operating environment and complements IBM's middleware solutions.

Contact(s) information

John Crowe
IBM Media Relations
(512) 286-3182
crowejd@us.ibm.com

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