Acquired Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Acquired Intangible Assets

Acquired intangible assets that are subject to amortization consisted of the following as of March 31, 2022 and December 31, 2021 (in thousands):

	March 31, 2022						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Completed technology	$	328,516	$	(134,891)	$	193,625	$	257,857	$	(128,715)	$	129,142
Customer-related intangible assets	499,945		(224,061)		275,884		398,182		(216,192)		181,990
Non-compete agreements	254		(127)		127		258		(107)		151
Trademarks and trade names	14,663		(6,365)		8,298		8,039		(6,097)		1,942
Acquired license rights	34,810		(556)		34,254		490		(490)		—
Total	$	878,188	$	(366,000)	$	512,188	$	664,826	$	(351,601)	$	313,225

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)
Customer-related intangible assets	$	100,700	11
Completed technologies	70,900		6
Acquired license rights	34,320		15
Trademarks	6,600		9
Total	$	212,520

Schedule of Goodwill

The change in the carrying amount of goodwill for the three months ended March 31, 2022 was as follows (in thousands):

Balance as of January 1, 2022	$	2,156,254
Acquisition of Linode Limited Liability Company	588,440
Measurement period adjustments related to acquisitions completed in prior years	1,884
Foreign currency translation	(696)
Balance as of March 31, 2022	$	2,745,882