Definition: Candle

(Candle Corporation, El Segundo, CA) A leading software company specializing in performance monitoring and systems availability tools for the mainframe environment that was acquired by IBM in 2004. It was founded in 1976 by Aubrey Chernick, who developed OMEGAMON, the first real-time performance monitor for MVS. Candle provided a wide variety of products for managing systems and applications, and in 1996, expanded into middleware.