Acquired Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2022 and December 31, 2021 (in thousands):

	June 30, 2022						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Completed technology	$	327,466	$	(143,589)	$	183,877	$	257,857	$	(128,715)	$	129,142
Customer-related intangible assets	481,593		(230,323)		251,270		398,182		(216,192)		181,990
Non-compete agreements	238		(139)		99		258		(107)		151
Trademarks and trade names	14,641		(6,738)		7,903		8,039		(6,097)		1,942
Acquired license rights	34,810		(1,252)		33,558		490		(490)		—
Total	$	858,748	$	(382,041)	$	476,707	$	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	$	85,700	11
Completed technologies	70,900		6
Acquired license rights	34,320		15
Trademarks and trade name	6,600		9
Total	$	197,520

Schedule of Goodwill

The change in the carrying amount of goodwill for the six months ended June 30, 2022 was as follows (in thousands):

Balance as of January 1, 2022	$	2,156,254
Acquisition of Linode Limited Liability Company	617,827
Measurement period adjustments related to an acquisition completed in 2021	2,630
Foreign currency translation	(12,883)
Balance as of June 30, 2022	$	2,763,828