XML 22 R11.htm IDEA: XBRL DOCUMENT v3.19.2
Business Combination
3 Months Ended
Jul. 26, 2019
Business Combinations [Abstract]  
Business Combination

3. Business Combination

 

On May 23, 2019, we acquired all the outstanding shares of privately-held Cognigo Research Ltd., a provider of data discovery classification software designed to manage and protect critical data, for $58 million in cash.

 

The preliminary acquisition date fair values of the assets acquired and liabilities assumed are as follows (in millions):

 

Cash

 

$

2

 

Developed technology intangible asset

 

 

26

 

Goodwill

 

 

35

 

Total assets acquired

 

 

63

 

Liabilities assumed

 

 

(5

)

Total purchase price

 

$

58

 

 

The results of operations related to this acquisition have been included in our condensed consolidated statements of operations from the acquisition date. Pro forma results of operations have not been presented because the acquisition was not material to our results of operations.