Business Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2016

The following table presents the final allocation of the purchase price for Octoshape (in thousands):



Total purchase consideration	$	107,047

Allocation of the purchase consideration:
Cash	$	664
Accounts receivable	1,976
Other current assets	393
Identifiable intangible assets	41,950
Goodwill	69,445
Deferred tax assets	5,230
Total assets acquired	119,658
Other current liabilities	(1,983		)
Current deferred revenue	(770		)
Deferred tax liabilities	(9,858		)
Total liabilities assumed	(12,611		)
Net assets acquired	$	107,047

The following table presents the final allocation of the purchase price for Prolexic (in thousands):



Total purchase consideration	$	392,104

Allocation of the purchase consideration:
Cash	$	33,072
Accounts receivable	11,208
Property and equipment	12,225
Identifiable intangible assets	87,040
Goodwill	293,926
Deferred tax assets	16,340
Other current and long-term assets	5,664
Total assets acquired	459,475
Other current liabilities	(5,940		)
Current deferred revenue	(5,812		)
Deferred tax liabilities	(36,203		)
Debt, capital leases and other long-term liabilities	(19,416		)
Total liabilities assumed	(67,371		)
Net assets acquired	$	392,104

Acquired intangible assets that are subject to amortization consisted of the following as of December 31, 2016 and 2015 (in thousands):



	December 31, 2016							December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Completed technologies	$	119,091	$	(50,823	)	$	68,268	$	120,791	$	(58,633	)	$	62,158
Customer-related intangible assets	192,810		(114,209		)	78,601		191,710		(102,872		)	88,838
Non-compete agreements	5,030		(3,775		)	1,255		6,540		(3,374		)	3,166
Trademarks and trade names	3,700		(2,361		)	1,339		3,700		(1,767		)	1,933
Acquired license rights	490		(490		)	—		490		(490		)	—
Total	$	321,121	$	(171,658	)	$	149,463	$	323,231	$	(167,136	)	$	156,095

The following were the identified intangible assets acquired and their respective weighted average useful lives (in thousands, except for years):



	Gross Carrying Amount		Weighted Average Useful Life (in years)
Completed technologies	$	26,800	6.9
Customer-related intangible assets	58,500		10.4
Non-compete agreements	940		3.0
Trademark	800		4.9
Total	$	87,040

The following were the identified intangible assets acquired and their respective weighted average useful lives (in thousands, except years):



	Gross Carrying Amount		Weighted Average Useful Life (in years)
Completed technologies	$	25,310	9.8
Customer-related intangible assets	16,560		11.8
Non-compete agreements	80		2.0
Total	$	41,950