Acquisitions (Tables)

6 Months Ended

Jun. 30, 2016

Purchase price and allocation included in Company condensed consolidated balance sheets

The following table presents the preliminary purchase price allocations recorded in the Company's condensed consolidated balance sheet as of the acquisition dates (in thousands):



	Connectifier		Other acquisition		Total
Net tangible assets	$	7,098	$	—	$	7,098
Goodwill ⁽¹⁾	90,120		245		90,365
Intangible assets ⁽²⁾	8,300		105		8,405
Total purchase price ⁽³⁾	$	105,518	$	350	$	105,868

_______________________


(1)	The goodwill represents the excess value of the purchase price over both tangible and intangible assets acquired. The goodwill in these transactions 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 and customer relationships of $8.0 million and $0.4 million, respectively, with estimated useful lives of 2.0 years and 1.0 year, respectively, 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 contained in the acquisition agreements and (ii) indemnification obligations of the acquired company stockholders.