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.