Subsequent Events

9 Months Ended

Oct. 31, 2020

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

On November 5, 2020, we acquired 100% of the voting equity interest of Rigor, Inc. (“Rigor”), a privately-held Delaware corporation that offers advanced synthetic monitoring and optimization tools, in exchange for total consideration with fair value of approximately $38.0 million. On December 7, 2020, we acquired 100% of the voting equity interest of Flowmill, Inc. (“Flowmill”), a privately-held Delaware corporation that specializes in network performance monitoring, in exchange for total consideration with fair value of approximately $21.6 million.

These acquisitions will be accounted for as business combinations and accordingly, their respective total purchase prices will be allocated to the fair values of the tangible and intangible assets acquired and the liabilities assumed based on their respective acquisition dates. We have not yet determined the purchase price allocation for the transactions.