Acquisitions (Tables)

3 Months Ended

Mar. 31, 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