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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2015
Summary of Fair Values of Tangible Assets Acquired, Liabilities Assumed, Intangible Assets and Residual Goodwill

The following table summarizes the fair values of tangible assets acquired, liabilities assumed, intangible assets and residual goodwill from the acquisition of SocialMoov (in thousands except years):

 

 

 

Estimated

 

 

Estimated

 

 

Fair Value

 

 

Useful Life

Tangible assets acquired

 

$

2,607

 

 

N/A

Liabilities assumed (see Note 8)

 

 

(3,440

)

 

N/A

Developed technology

 

 

3,800

 

 

5 years

Customer relationships

 

 

2,080

 

 

4 years

Tradename

 

 

260

 

 

3 years

Goodwill

 

 

7,888

 

 

Indefinite

Total purchase price

 

$

13,195

 

 

 

 

NowSpots, Inc. [Member]  
Summary of Fair Values of Tangible Assets Acquired, Liabilities Assumed, Intangible Assets and Residual Goodwill

The following table summarizes the fair values of tangible assets acquired, liabilities assumed, intangible assets and goodwill:

 

 

 

Estimated

 

 

Estimated

 

 

Fair Value

 

 

Useful Life

Tangible assets acquired

 

$

1,493

 

 

N/A

Liabilities assumed

 

 

(5,082

)

 

N/A

Developed technology

 

 

6,110

 

 

6 years

Customer relationships

 

 

1,290

 

 

4 years

Non-compete agreements and tradename

 

 

1,130

 

 

2 - 3 years

Goodwill

 

 

11,529

 

 

Indefinite

Total purchase price

 

$

16,470