CA Technologies is set to acquire Interactive TKO (ITKO), a privately-held provider of service simulation offerings for developing applications in cloud environments, for $330m.

All of ITKOs staff are expected to join CA technologies, following the completion of the acquisition.

CA Technologies exectutive VP of Customer Solutions Group David Dobson said: "ITKO's technology allows customers to anticipate how their applications will perform in alternate environments, significantly reducing risk, and accelerating their time to value."