Axium unit sold at auction
Published January 24th, 2008
Ensemble Chimes Global, the staffing arm of bankrupt payroll services company Axium, was sold at auction Wednesday for nearly $8.1 million.
MPS Group, a staffing company headquartered in Jacksonville, Fla., bought the unit, according to court-appointed trustee Howard Ehrenberg.
The only other bidder was Barry Olson — original founder and former president of ECG — in conjunction with Vedior North America Llc.
Assets included in the auction are ECG’s proprietary software program known as RightsMax, which manages licensing agreements for intellectual properties, including film, video and DVD, as well as the company’s related intellectual property, customer contracts and property leases.
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