Business Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

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



Total purchase consideration	$	180,327

Allocation of the purchase consideration:
Cash	$	8,455
Accounts receivable	9,845
Prepaid expenses and other current assets	1,082
Identifiable intangible assets	33,200
Goodwill	129,876
Fixed assets	1,570
Deferred tax assets	16,080
Other assets	19
Total assets acquired	200,127
Accounts payable	(1,501		)
Accrued liabilities	(3,471		)
Deferred revenue	(14,828		)
Total liabilities assumed	(19,800		)
Net assets acquired	$	180,327

Included in the final allocation are measurement period adjustments, primarily related deferred tax assets. The adjustment increased the deferred tax asset and reduced goodwill by $7.5 million. The following table presents the final allocation of the purchase price for Janrain (in thousands):



Total purchase consideration	$	123,632

Allocation of the purchase consideration:
Cash	$	2,223
Accounts receivable	7,318
Prepaid expenses and other current assets	838
Identifiable intangible assets	26,930
Goodwill	92,188
Deferred tax asset	12,622
Other assets	87
Total assets acquired	142,206
Accounts payable	(1,642		)
Accrued liabilities	(2,596		)
Deferred revenue	(14,336		)
Total liabilities assumed	(18,574		)
Net assets acquired	$	123,632

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



Total purchase consideration	$	199,280

Allocation of the purchase consideration:
Cash	$	1,935
Accounts receivable	4,109
Prepaid expenses and other current assets	4,384
Identifiable intangible assets	49,900
Goodwill	122,794
Deferred tax assets	31,206
Total assets acquired	214,328
Accounts payable	(1,119		)
Accrued liabilities	(4,366		)
Deferred revenue	(9,563		)
Total liabilities assumed	(15,048		)
Net assets acquired	$	199,280

Schedule of Acquired Intangible Assets

Acquired intangible assets that are subject to amortization consisted of the following as of December 31, 2019 and 2018 (in thousands):



	December 31, 2019							December 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Completed technologies	$	153,722	$	(94,088	)	$	59,634	$	145,091	$	(81,587	)	$	63,504
Customer-related intangible assets	279,684		(163,155		)	116,529		245,710		(144,786		)	100,924
Non-compete agreements	830		(529		)	301		700		(306		)	394
Trademarks and trade names	7,600		(4,633		)	2,967		7,200		(3,674		)	3,526
Acquired license rights	490		(490		)	—		490		(490		)	—
Total	$	442,326	$	(262,895	)	$	179,431	$	399,191	$	(230,843	)	$	168,348

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
Completed technologies	$	7,200	2.2
Customer-related intangible assets	24,700		6.5
Trademarks	1,100		3.7
Non-compete agreements	200		1.5
Total	$	33,200

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
Completed technologies	$	9,000	7.9
Customer-related intangible assets	17,700		13.9
Trademarks	200		1.9
Non-compete agreements	30		1.9
Total	$	26,930

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
Completed technologies	$	18,800	4.1
Customer-related intangible assets	28,200		4.6
Trademarks	2,400		4.9
Non-compete agreements	500		1.9
Total	$	49,900