Keensight-backed PIXID completed the acquisition of VectorVMS from Learning Technologies for $50m.

Keensight-backed PIXID, a vendor management SaaS platform, completed the acquisition of VectorVMS, a vendor management platform for contingent labour, from Learning Technologies, a company specialising in learning and talent technologies and services, for $50m. "We are delighted to welcome Marc Husain and VectorVMS' seasoned management team to PIXID Group to help us roll out our strategy in the USA and the MSP market segment. We have been impressed by VectorVMS' ability to deliver complete and robust solutions in a simple way to organizations that do not have the resources to deploy complex tools. This fits perfectly with PIXID Group's vision of delivering leading-edge technology in a simple and effective way," Etienne Colella, PIXID Group President.