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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. Paywire develops software which integrates payment processing with third party systems, web sites, hardware, SAP systems, and processors. READ MORE>>.

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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 also has a similar lawsuit pending against micro blogging site Twitter.

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