Acquisitions (Tables)

9 Months Ended

Sep. 30, 2020

Summary of Preliminary Acquisition Consideration and the Related Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary acquisition consideration and the related fair values of the assets acquired and liabilities assumed (in thousands):


	Purchase Consideration		Net Tangible Assets Acquired/ (Liabilities Assumed)		Identifiable Intangible Assets		Goodwill		Goodwill Deductible for Taxes	(1) Acquisition Related Expenses
Ubimo	$	20,740	$	384	$	10,750	$	9,606	Not Deductible	$	579
Elevaate	13,346		(60)		3,781		9,625		Not Deductible	549
SavingStar	7,485		(1,126)		2,577		6,034		Not Deductible	556
Ahalogy	36,432		2,196		11,580		22,656		Not Deductible	684
	$	78,003	$	1,394	$	28,688	$	47,921		$	2,368

(1)Expensed as general and administrative

Component of Identifiable Intangible Assets

The following sets forth each component of identifiable intangible assets acquired in connection with the acquisitions (in thousands):


	Ubimo		Estimated Useful Life (in Years)	Elevaate		Estimated Useful Life (in Years)	SavingStar		Estimated Useful Life (in Years)	Ahalogy		Estimated Useful Life (in Years)
Developed technologies	$	7,100	4.0	$	3,307	5.0	$	1,476	3.0	$	3,100	4.0
Customer relationships	3,400		2.0	379		5.0	1,040		3.0	6,210		6.0
Trade names	250		4.0	95		3.0	61		1.5	650		4.0
Vendor relationships	—		—	—		—	—		—	1,620		2.0
Total identifiable intangible assets	$	10,750		$	3,781		$	2,577		$	11,580