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Acquisitions (Tables)
12 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following is a summary of the fair values of the assets acquired in the acquisition:
(In thousands)
 
Goodwill
$
2,464

Developed technology
1,286

Total assets acquired
$
3,750


The goodwill of approximately $2.5 million arising from the acquisition consists largely of synergies expected from combining the developed technology of Dining Ventures with Agilysys' operations. The goodwill from this acquisition is deductible for tax purposes over a period of 15 years.

The following is a summary of the intangible asset acquired and the weighted-average useful life over which it will be amortized.
 
 
 
Weighted-average
 
Purchased assets
 
useful life
Developed technology
$
1,286

 
5 years