CA Technologies acquires ITKO for $330 million

acquisition

CA Technologies is spending $330 million to beef up its portfolio by acquiring service simulation specialist ITKO.

The deal is expected to be completed in the next three months, subject to getting the regulatory green light.

Combining LISA with CA Technologies world-class IT management will give our customers a solution that is ready for where they're going, not limiting them to where they've been.

By acquiring ITKO, which will become a division of CA Technologies, the company hopes to help its customers break down silos that currently exist between different organisation departments, such as development, operations and testing.

"The addition of ITKO to CA Technologies will extend our ability to deliver a complete set of capabilities to help our customers and partners to increase their adoption and value from cloud-based applications," said David Dobson, executive vice president of CA Technologies's customer solutions group.

"ITKO's technology allows customers to anticipate how their applications will perform in alternate environments, significantly reducing risk and accelerating their time to value."

ITKO has created a solution called LISA, which lets businesses mock up services at the same speed and to the same scale as in a live environment. In doing so, companies can see how services and applications will perform in the real world before putting them live.

"We are thrilled to join CA Technologies because it gives us a tremendous platform to take our growth to an entirely new level," said Shridhar Mittal, ITKO's president and chief executive, who will become general manager of the newly created CA Technologies division.

"Combining LISA with CA Technologies world-class IT management will give our customers a solution that is ready for where they're going, not limiting them to where they've been."

Maggie Holland

Maggie has been a journalist since 1999, starting her career as an editorial assistant on then-weekly magazine Computing, before working her way up to senior reporter level. In 2006, just weeks before ITPro was launched, Maggie joined Dennis Publishing as a reporter. Having worked her way up to editor of ITPro, she was appointed group editor of CloudPro and ITPro in April 2012. She became the editorial director and took responsibility for ChannelPro, in 2016.

Her areas of particular interest, aside from cloud, include management and C-level issues, the business value of technology, green and environmental issues and careers to name but a few.