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Payscout Buys Paywire

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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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Serviz Acquired By Porch

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Sherman Oaks-based Serviz , the on-demand home services company founded by serial entrepreneurs Zorik Gordon and Michael Kline, has been acquired by Porch , another online marketplace for home services. Financial terms of the acquisition were not announced. Gordon and Kline previously founded ReachLocal. READ MORE>>.

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Patent Suit Spawned By NTI Group Buy Settled

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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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Deja Vu In Twitter Patent Filing

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The patent lawsuit filed Wednesday,/a> against popular micro-blogging site Twitter by a Texas company, TechRadium , has echoes of a lawsuit spawned by the acquisition of Sherman Oaks-based NTI Group last year.

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