Investcorp-backed Veda completed the acquisition of blink.it.

Investcorp-backed Veda, a buy-and-build HR software specialist, completed the acquisition of blink.it, a provider of learning management software. Financial terms were not disclosed. "The acquisition of blink.it is an important strategic step. Our goal is to provide medium-sized businesses with innovative tools for their HR processes. With blink.it, we gain a strong partner who shares our vision,” Ralf Gräßler, VEDA CEO.