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Payscout Buys Paywire

socalTECH

Sherman Oak-based Payscout , a provider of payment processing services, said on Thursday that it has acquired cloud and mobile software developer Paywire. Financial details of the acquisition were not announced. payscout is led by CEO and co-founder Cleveeland Brown. payscout is led by CEO and co-founder Cleveeland Brown.

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Patent Suit Spawned By NTI Group Buy Settled

socalTECH

A patent lawsuit against educational software provider Blackboard , which was spawned by the acquisition of Sherman Oaks-based NTI Group last year, has been settled, according to Texas-based TechRadium.

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