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January 16, 1997updated 05 Sep 2016 12:37pm

CANDLE BUYS MQVIEW

By CBR Staff Writer

Candle Corp made a brief foray out of its Los Angeles fastness in Santa Monica, California to snap up a late Christmas present for its Solutions for Networked Businesses unit. It was able to persuade Eden Prairie, Minnesota-based Apertus Technologies Inc to hand over its MQView product line in return for a $7.4m stash. Candle rates MQView the leading product for centralised installation, configuration and monitoring of IBM Corp’s MQSeries messaging software in a distributed computing environment. With the MQView business it reckons it has the broadest range of message-based applications in the industry. Apertus is by no means heartbroken to say goodbye to the product – but it does rather sound as if it needed the money: it says the sale will enable it to focus better on its new Internet and application integration products, but admits it needed to strengthen its capital position as well.

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