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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2021
Red Sky Technologies Inc.  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of RedSky made by the Company (in thousands):

 

 

RedSky

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

2,926

 

Property and equipment

 

 

18

 

Trade names

 

 

2,230

 

Acquired technology

 

 

3,590

 

Customer relationships

 

 

20,000

 

Goodwill

 

 

49,508

 

Other assets

 

 

242

 

Total assets acquired

 

 

78,514

 

Liabilities assumed

 

 

 

 

Accounts payable

 

 

233

 

Accrued expenses

 

 

773

 

Deferred revenue

 

 

5,866

 

Deferred tax liabilities

 

 

7,048

 

Other liabilities

 

 

26

 

Net assets acquired

 

$

64,568

 

Consideration paid

 

 

 

 

Cash paid, net of cash acquired

 

$

32,401

 

Fair value of common stock issued

 

 

23,032

 

Contingent consideration

 

 

9,135

 

Total

 

$

64,568

 

xMatters Holdings, Inc  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of xMatters made by the Company (in thousands):

 

 

xMatters

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

6,716

 

Property and equipment

 

 

1,458

 

Trade names

 

 

8,200

 

Acquired technology

 

 

8,390

 

Customer relationships

 

 

78,940

 

Goodwill

 

 

170,437

 

Other assets

 

 

5,433

 

Total assets acquired

 

 

279,574

 

Liabilities assumed

 

 

 

 

Accounts payable

 

 

1,164

 

Accrued expenses

 

 

5,517

 

Deferred revenue

 

 

34,421

 

Deferred tax liabilities

 

 

3,436

 

Other liabilities

 

 

5,056

 

Net assets acquired

 

$

229,980

 

Consideration paid

 

 

 

 

Cash paid, net of cash acquired

 

$

165,498

 

Fair value of common stock issued

 

 

64,482

 

Total

 

$

229,980

 

Anvil  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of Anvil made by the Company (in thousands):

 

 

Anvil

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

2,361

 

Property and equipment

 

 

204

 

Trade names

 

 

2,600

 

Acquired technology

 

 

3,800

 

Customer relationships

 

 

23,270

 

Goodwill

 

 

128,849

 

Other assets

 

 

5,022

 

Total assets acquired

 

 

166,106

 

Liabilities assumed

 

 

 

 

Accounts payable

 

 

837

 

Accrued expenses

 

 

1,041

 

Deferred revenue

 

 

3,365

 

Deferred tax liabilities

 

 

5,618

 

Other liabilities

 

 

1,633

 

Net assets acquired

 

$

153,612

 

Consideration paid

 

 

 

 

Cash paid, net of cash acquired

 

$

63,897

 

Consideration loan notes issued

 

 

89,655

 

Contingent consideration

 

 

60

 

Total

 

$

153,612

 

Connexient  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of Connexient made by the Company (in thousands):

 

 

 

Connexient

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

849

 

Prepaid expenses and other current assets

 

 

518

 

Property and equipment

 

 

9

 

Acquired technology

 

 

1,220

 

Trade names

 

 

630

 

Customer relationships

 

 

7,800

 

Goodwill

 

 

14,343

 

Other assets

 

 

238

 

Total assets acquired

 

 

25,607

 

Liabilities assumed

 

 

 

 

Accounts payable

 

 

751

 

Accrued expenses

 

 

208

 

Deferred revenue

 

 

2,420

 

Deferred tax liabilities

 

 

2,011

 

Other liabilities

 

 

211

 

Net assets acquired

 

$

20,006

 

Consideration paid

 

 

 

 

Cash consideration, net of cash acquired

 

$

10,991

 

Fair value of common stock issued

 

 

9,015

 

Total

 

$

20,006

 

CNL Software Limited  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of CNL Software made by the Company (in thousands):

 

 

 

CNL Software

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

1,979

 

Prepaid expenses and other current assets

 

 

1,095

 

Property and equipment

 

 

731

 

Acquired technology

 

 

2,150

 

Trade names

 

 

1,080

 

Customer relationships

 

 

5,500

 

Goodwill

 

 

28,679

 

Other assets

 

 

1,314

 

Total assets acquired

 

 

42,528

 

Liabilities assumed

 

 

 

 

Accounts payable

 

 

315

 

Accrued expenses

 

 

1,653

 

Deferred revenue

 

 

3,751

 

Deferred tax liabilities

 

 

1,553

 

Other liabilities

 

 

1,276

 

Net assets acquired

 

$

33,980

 

Consideration paid

 

 

 

 

Cash paid, net of cash acquired

 

$

18,030

 

Fair value of common stock issued

 

 

15,950

 

Total

 

$

33,980

 

One2Many Group B.V.  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of one2many made by the Company (in thousands):

 

 

 

one2many

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

521

 

Other current assets

 

 

1,441

 

Property and equipment

 

 

19

 

Acquired technology

 

 

970

 

Trade names

 

 

580

 

Customer relationships

 

 

3,100

 

Goodwill

 

 

10,704

 

Other assets

 

 

176

 

Total assets acquired

 

 

17,511

 

Liabilities assumed

 

 

 

 

Accounts payable

 

 

72

 

Accrued expenses

 

 

636

 

Deferred revenue

 

 

1,460

 

Deferred tax liabilities

 

 

985

 

Other current liabilities

 

 

136

 

Net assets acquired

 

$

14,222

 

Consideration paid

 

 

 

 

Cash consideration, net of cash acquired

 

$

6,563

 

Fair value of common stock issued

 

 

5,469

 

Contingent consideration

 

 

2,190

 

Total

 

$

14,222

 

Techwan SA  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of Techwan made by the Company (in thousands):

 

 

 

Techwan

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

921

 

Other current assets

 

 

235

 

Acquired technology

 

 

1,160

 

Trade names

 

 

580

 

Customer relationships

 

 

5,100

 

Goodwill

 

 

12,678

 

Other assets

 

 

254

 

Total assets acquired

 

 

20,928

 

Liabilities assumed

 

 

 

 

Accrued expenses

 

 

673

 

Deferred revenue

 

 

1,190

 

Deferred tax liabilities

 

 

838

 

Other current liabilities

 

 

927

 

Net assets acquired

 

$

17,300

 

Consideration paid

 

 

 

 

Cash consideration, net of cash acquired

 

$

9,301

 

Fair value of common stock issued

 

 

5,074

 

Acquisition-related deferred common stock consideration

 

 

895

 

Contingent consideration

 

 

2,030

 

Total

 

$

17,300

 

SnapComms Limited  
Summary of Allocation of Purchase Consideration and Estimated Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed, which were recorded as of the acquisition date, as well as the aggregate consideration for the acquisition of SnapComms made by the Company (in thousands):

 

 

 

SnapComms

 

Assets acquired

 

 

 

 

Accounts receivable

 

$

1,808

 

Other current assets

 

 

283

 

Property and equipment

 

 

118

 

Acquired technology

 

 

2,300

 

Trade names

 

 

960

 

Customer relationships

 

 

13,300

 

Goodwill

 

 

22,629

 

Other assets

 

 

943

 

Total assets acquired

 

 

42,341

 

Liabilities assumed

 

 

 

 

Accrued expenses

 

 

503

 

Deferred revenue

 

 

3,165

 

Deferred tax liabilities

 

 

4,960

 

Other liabilities

 

 

742

 

Net assets acquired

 

$

32,971

 

Consideration paid

 

 

 

 

Cash consideration, net of cash acquired

 

$

10,090

 

Fair value of common stock issued

 

 

17,685

 

Acquisition-related deferred consideration

 

 

3,149

 

Contingent consideration

 

 

2,047

 

Total

 

$

32,971