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Goodwill
 9 Months Ended
Sep. 30, 2019
Goodwill Excluding Non Goodwill Intangibles [Abstract]  
Goodwill Goodwill

The following table reflects goodwill allocated to each reporting unit:
In thousands
Device Solutions
 
Networked Solutions
 
Outcomes
 
Total Company
Goodwill balance at January 1, 2019
$
55,259

 
$
918,495

 
$
142,779

 
$
1,116,533

 
 
 
 
 
 
 
 
Measurement period adjustments to goodwill acquired
—

 
(4,938
)
 
(1,040
)
 
(5,978
)
Effect of change in exchange rates
(651
)
 
(10,815
)
 
(1,681
)
 
(13,147
)
 
 
 
 
 
 
 
 
Goodwill balance at September 30, 2019
$
54,608

 
$
902,742

 
$
140,058

 
$
1,097,408



Silver Spring Networks, Inc. Acquisition
The acquisition of SSNI was financed through incremental borrowings and cash on hand. Refer to "Note 6: Debt" for further discussion of our debt. SSNI provided smart network and data platform solutions for electricity, gas, water and smart cities including advanced metering, distribution automation, demand-side management, and street lights.

The fair values for the identified trademarks and core-developed technology intangible assets were estimated using the relief from royalty method. The fair value of customer contract and relationship were estimated using the income approach. The IPR&D was valued utilizing the replacement cost method. These consolidated financial statements should be read in conjunction with the audited financial statements and notes included in our 2018 Annual Report.

The purchase price of SSNI was $809.2 million, which was net of $97.8 million of acquired cash and cash equivalents. Of the total consideration, $802.5 million was paid in cash. The remaining $6.7 million relates to the fair value of pre-acquisition service for replacement awards of unvested SSNI options and restricted stock unit awards with an Itron equivalent award. We allocated the purchase price to the assets acquired and liabilities assumed based on estimated fair value assessments. During the three months ended March 31, 2019, we recognized additional contract assets totaling $8.0 million and additional deferred tax liabilities of $2.0 million, for a net reduction in goodwill of $6.0 million. As of the first quarter of 2019, the measurement period for the acquisition of SSNI was complete, and any further adjustments to assets acquired or liabilities assumed would be recognized through the Consolidated Statement of Operations.