Acquisitions (Tables) (Pulse)

6 Months Ended

Jun. 30, 2013

Pulse

Business Acquisition [Line Items]

Purchase price allocation included in Company condensed consolidated balance sheets

The following table presents the purchase price allocation initially recorded in the Company's condensed consolidated balance sheets on the respective acquisition dates (in thousands):

	Total
Net tangible assets	$	221
Goodwill (1)	35,617
Intangible assets (2)	14,000
Net deferred tax liability	(2,227		)
Total purchase price consideration (3)	$	47,611

 _______________________

(1) The goodwill represents the excess value over both tangible and intangible assets acquired. The goodwill in this transaction is primarily attributable to expected operational synergies, the assembled workforce, and the future development initiatives of the assembled workforce. None of the goodwill is expected to be deductible for tax purposes.

(2) Identifiable definite-lived intangible assets were comprised of developed technology of $9.5 million, trade name of $2.7 million, registered user base of $1.2 million and backlog of $0.6 million. The overall weighted-average life of the identifiable definite-lived intangible assets acquired was 2.9 years, which will be amortized on a straight-line basis over their estimated useful lives.

(3) Subject to adjustment based on (i) purchase price adjustment provisions and (ii) indemnification obligations of the acquired company stockholders.