Live Nation has bought select assets from CERG, the company formerly known as Songkick, the New York Times reports. In a press release, Live Nation states that it has acquired CERG’s “ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio” for an undisclosed sum. The company has also settled ongoing anti-trust litigation between CERG and Live Nation for $110 million. Last October, CERG completely shut down its ticketing operations. Prior to that, the company sold off its website and brand name to Warner Music Group.

Read “Why Ticket Scalping Won’t Go Away” over on the Pitch.