Business Combinations (Tables)

6 Months Ended

Jun. 30, 2023

Business Combinations [Abstract]

Schedule of Estimated Fair Value of Assets Acquired and Liabilities

The final allocation of the iDisplay Acquisition purchase consideration to the estimated fair value of the assets acquired and liabilities assumed at the acquisition date is as follows (in thousands):

	Amounts
Cash	$	2,330
Accounts receivable		3,382
Inventories		2,772
Prepaid and other assets		424
Operating lease right-of-use asset		360
Property and equipment		277
Identifiable intangible assets		34,200
Goodwill		32,987
Total assets acquired		76,732
Accounts payable		(5,106	)
Deferred tax liabilities		(4,561	)
Accrued liabilities		(731	)
Operating lease liabilities		(360	)
Total liabilities assumed		(10,758	)
Net assets acquired		65,974
Noncontrolling interest		(29,606	)
Fair value of consideration transferred	$	36,368
Purchase consideration:
Cash	$	21,864
Corsair common stock		14,504
Fair value of consideration transferred	$	36,368

Summary of Valuation of Identifiable Intangible Assets Acquired in Business Combination and Respective Useful Lives

Valuation of identified intangible assets

The following table summarizes the valuation of the identifiable intangible assets acquired in the iDisplay Acquisition and the estimate of their respective useful lives as of the Closing Date, including subsequent measurement period adjustments:

	Valuation		Useful Life
	(In thousands)		(In years)
Patent portfolio	$	5,100		6
Supplier relationships		6,800		6
Developed technology		22,300		6
Total identifiable intangible assets	$	34,200