Business Combinations (Tables)

12 Months Ended

Dec. 31, 2013

HCL-EMS

Business combinations

Schedule of breakdown between purchase price and the allocation of the total purchase price

The following table presents the breakdown between cash and contingent consideration and the allocation of the total purchase price (in thousands):

Cash	$	3,000
Fair value of contingent consideration		3,390
	$	6,390
Allocation of Purchase Consideration:
Accounts receivable	$	2,269
Prepaid and other current assets		125
Property and equipment		273
Intangible assets		2,700
Goodwill		2,243
Deposits and non-current assets		170
Accounts payable		(229	)
Accrued expenses		(1,042	)
Deferred revenue		(119	)
	$	6,390

Schedule of estimates of fair value of identifiable intangible assets acquired

Description	Fair Value (in thousands)		Weighted Average Useful Life (in years)
Technology	$	840	4.0
Customer relationships		1,860	9.0
Total intangible assets	$	2,700

Telwares

Business combinations

Schedule of breakdown between purchase price and the allocation of the total purchase price

The following table presents the breakdown between cash and deferred purchase price and the allocation of the total purchase price (in thousands):

Cash	$	5,166
Fair value of deferred purchase price		2,154
	$	7,320
Accounts receivable	$	1,975
Prepaid and other current assets		72
Property and equipment		355
Intangible assets		2,428
Goodwill		3,014
Deposits and non-current assets		76
Accounts payable		(88	)
Accrued expenses		(444	)
Deferred revenue		(68	)
	$	7,320

Schedule of estimates of fair value of identifiable intangible assets acquired

Description	Fair Value (in thousands)		Weighted Average Useful Life (in years)
Non-compete agreements	$	58	2.0
Technology		350	3.0
Customer relationships		2,020	8.0
Total intangible assets	$	2,428

ProfitLine

Business combinations

Schedule of breakdown between purchase price and the allocation of the total purchase price

The following table presents the breakdown between cash and deferred purchase price and the allocation of the total purchase price (in thousands):

Purchase consideration:
Cash	$	14,500
Deferred cash consideration		8,674
	$	23,174
Allocation of Purchase Consideration:
Current assets	$	3,183
Property and equipment		675
Other assets		117
Identifiable intangible assets		8,717
Goodwill		13,801
Total assets acquired		26,493
Accounts payable and accrued expenses		(3,167	)
Deferred revenue		(152	)
	$	23,174

Schedule of estimates of fair value of identifiable intangible assets acquired

Description	Fair Value (in thousands)		Weighted Average Useful Life (in years)
Tradenames	$	335	4.0
Technology		1,612	2.5
Customer relationships		6,770	9.0
Total intangible assets	$	8,717

Anomalous

Business combinations

Schedule of breakdown between purchase price and the allocation of the total purchase price

The following table presents the breakdown between cash and deferred purchase price and the allocation of the total purchase price (in thousands):

Purchase consideration:
Cash	$	3,521
Common stock		1,984
Deferred cash consideration		1,495
	$	7,000
Allocation of Purchase Consideration:
Current assets	$	1,140
Property and equipment		47
Other assets		10
Identifiable intangible assets		2,857
Goodwill		4,477
Total assets acquired		8,531
Accounts payable and accrued expenses		(394	)
Deferred taxes		(767	)
Deferred revenue		(370	)
	$	7,000

Schedule of estimates of fair value of identifiable intangible assets acquired

The following table presents the Company's estimates of fair value of the identifiable intangible assets acquired (in thousands):

Description	Fair Value (in thousands)		Weighted Average Useful Life (in years)
Technology	$	2,017	5.0
Non-compete covenants		553	2.0
Customer relationships		236	4.0
Tradenames		51	3.0
Total identifiable intangible assets	$	2,857

ttMobiles

Business combinations

Schedule of breakdown between purchase price and the allocation of the total purchase price

The following table presents the breakdown between cash and deferred purchase price and the allocation of the total purchase price (in thousands):

Purchase consideration:
Cash	$	6,359
Deferred cash consideration		2,315
	$	8,674
Allocation of Purchase Consideration:
Current assets	$	2,469
Property and equipment		188
Identifiable intangible assets		4,288
Goodwill		3,557
Total assets acquired		10,502
Accounts payable and accrued expenses		(848	)
Deferred taxes		(954	)
Deferred revenue		(26	)
	$	8,674

Schedule of estimates of fair value of identifiable intangible assets acquired

The following table presents the Company's estimates of fair value of the identifiable intangible assets acquired (in thousands):

Description	Fair Value (in thousands)		Weighted Average Useful Life (in years)
Customer relationships	$	2,606	9.0
Technology		1,178	5.0
Tradenames		388	4.0
Non-compete covenants		116	2.0
Total identifiable intangible assets	$	4,288

Symphony

Business combinations

Schedule of breakdown between purchase price and the allocation of the total purchase price

The following table presents the breakdown between cash and deferred purchase price and the allocation of the total purchase price (in thousands):

Purchase consideration:
Cash	$	29,208
Deferred cash consideration		10,793
	$	40,001
Allocation of Purchase Consideration:
Current assets	$	5,628
Property and equipment		602
Identifiable intangible assets		13,790
Goodwill		20,936
Total assets acquired		40,956
Accounts payable and accrued expenses		(335	)
Deferred revenue		(620	)
	$	40,001

Schedule of estimates of fair value of identifiable intangible assets acquired

The following table presents the Company's estimates of fair value of the intangible assets acquired (in thousands):

Description	Fair Value		Weighted Average Useful Life (in years)
Customer relationships	$	9,680	9.0
Technology		4,050	5.0
Tradename		60	3.0
Total identifiable intangible assets	$	13,790

oneTEM

Business combinations

Schedule of breakdown between purchase price and the allocation of the total purchase price

The following table presents the breakdown between cash and deferred purchase price and the allocation of the total purchase price (in thousands):

Purchase consideration:
Cash	$	1,221
Deferred cash consideration		433
Fair value of contingent consideration		183
	$	1,837
Allocation of Purchase Consideration:
Current assets	$	565
Property and equipment		10
Identifiable intangible assets		870
Goodwill		655
Total assets acquired		2,100
Accounts payable and accrued expenses		(152	)
Taxes payable		(111	)
	$	1,837

Schedule of estimates of fair value of identifiable intangible assets acquired

The following table presents the Company's estimates of fair value of the identifiable intangible assets acquired (in thousands):

Description	Fair Value		Weighted Average Useful Life (in years)
Customer relationships	$	535	8.0
Covenants not to compete		298	2.0
Tradename		37	2.7
Total identifiable intangible assets	$	870