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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2019
Rave  
Acquisitions  
Components and fair value allocation of the consideration transferred in connection with acquisitions The components and fair value allocation of the consideration transferred in connection with the acquisition were as follows (dollars in millions):

Consideration Transferred:

 

  

Cash paid

    

$

55.8

Contingent consideration

 

4.4

Working capital adjustment

(3.6)

Total consideration transferred

$

56.6

Allocation of Consideration Transferred:

 

  

Inventories

$

23.1

Accounts receivable

 

2.2

Other current and non-current assets

 

0.8

Property, plant and equipment

 

2.1

Operating lease assets

 

1.0

Intangible assets:

 

Technology

 

17.9

Customer relationships

 

15.5

Trade name

 

1.5

Goodwill

 

6.4

Liabilities assumed

 

(13.9)

Total consideration allocated

$

56.6

2019 Acquisitions  
Acquisitions  
Schedule of consideration transferred and the respective reporting segment for each acquisition

The following table reflects the consideration transferred and the respective reporting segment for each of these acquisitions:

Name of Acquisition

    

Date Acquired

    

Segment

    

Consideration

    

Cash Consideration

Arxspan, LLC

March 4, 2019

 

BSI

$

16.6

$

14.4

Ampegon PPT GmbH

March 7, 2019

 

BEST

 

2.0

 

2.0

PMOD Technologies GmbH

July 1, 2019

BSI

8.9

7.9

$

27.5

$

24.3

2018 Acquisitions  
Acquisitions  
Components and fair value allocation of the consideration transferred in connection with acquisitions

The following acquisitions occurred in the nine months ended September 30, 2018 (dollars in millions):

Company Acquired

    

Anasys

JPK

Reportable segment assigned

    

BSI

    

BSI

Consideration Transferred:

Cash paid

$

27.0

$

16.6

Cash acquired

 

(0.2)

Contingent consideration

 

5.3

4.3

Total consideration transferred

$

32.3

$

20.7

Allocation of Consideration Transferred:

 

  

Inventories

$

2.8

$

3.0

Accounts receivable

0.8

1.8

Other current and non-current assets

 

1.1

0.7

Intangible assets:

 

  

Technology

 

7.3

7.0

Customer relationships

8.0

7.5

Backlog

1.8

1.1

Trade name

 

0.6

0.6

Goodwill

 

16.6

8.0

Deferred taxes, net

 

(3.2)

(4.9)

Liabilities assumed

 

(3.5)

(4.1)

Total consideration allocated

$

32.3

$

20.7