MPS Group is successful bidder for Chimes’ assets
Beeline, the workforce solutions business unit of MPS Group, Inc. announced Thursday that it was the successful bidder for the assets of Chimes, a competing vendor management solution. The closing of the transaction is subject to certain contingencies, but it is anticipated the transaction will close by the end of the month.
Chimes was founded in 1998 and is a leading provider of vendor management software and onsite services. In February 2007, Chimes was purchased by Axium International, which filed Chapter 7 bankruptcy on Jan. 9. Wednesday, the assets of Chimes — including software platforms and related intellectual property — were auctioned through bankruptcy proceedings in the United States District Court in Los Angeles
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