Christies Buys Collectrium the Online Startup Collector Management Tool for 16 Million

Christie’s has bought Collectrium, an online collection management tool for the art world. Sources close to the deal say the purchase price was $16 million, although this figure could not be confirmed at the time of publication as neither Christie’s nor Collectrium returned calls. Other former staff members say the sale figure was between $20 and $25 million but that cannot be confirmed. Equity documents for former staffers being paid out list $16 million.

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