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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. Payscout said the acquisition will provide its customers with expanded payment processing technology, including solutions for the education and healthcare industries.

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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. TechRadium said the move would allow each company to continue to provide mass notification technology and services to clients.

Patents 153
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Five Startups Revolutionizing Music, In Southern California

socalTECH

The firm's products are an example of what applying technology, and smartphones and tablets, can do for music education. Music Prodigy is in Sherman Oaks. Earbits has created a service which lets you browse through over 200 stations of streaming audio, advertising free. Looking for the next new sound?