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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2020
Echelon Corporation [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation

The following table summarizes the fair values of assets acquired and liabilities assumed (in thousands):

 

 

 

 

Cash

 

$

15,270

Short term investments

 

 

1,274

Accounts receivable

 

 

3,020

Inventories

 

 

5,710

Other current assets

 

 

2,845

Property and equipment, net

 

 

614

Intangible assets

 

 

17,690

Goodwill

 

 

4,266

Other non-current assets

 

 

252

Accounts payable

 

 

(3,630)

Other current liabilities

 

 

(2,642)

Other non-current liabilities

 

 

(563)

Fair value of net assets acquired

 

$

44,106

 

Schedule of Intangible Assets Acquired

 

 

 

 

 

 

 

    

 

Fair Value

    

Useful
Life (in Years)

 

 

(in thousands)

 

 

Customer relationships

 

$

6,520

 

7

Developed technology

 

 

10,670

 

4

Trademarks

 

 

500

 

8

Total acquired intangible assets

 

$

17,690

 

 

 

S3 Asic Semiconductors Limited [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation

The following table summarizes the fair values of assets acquired and liabilities assumed (in thousands):

 

 

 

 

Cash

 

$

267

Accounts receivable

 

 

192

Other current assets

 

 

883

Property and equipment, net

 

 

191

Intangible assets

 

 

15,340

Goodwill

 

 

34,352

Accounts payable

 

 

(37)

Deferred revenue

 

 

(129)

Earn-out liability, current

 

 

(10,218)

Other current liabilities

 

 

(761)

Deferred tax liability

 

 

(1,918)

Earn-out liability, non-current

 

 

(3,279)

Fair value of net assets acquired

 

$

34,883

 

Schedule of Intangible Assets Acquired

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

Fair Value

    

Useful
Life (in Years)

 

 

(in thousands)

 

 

Customer relationships

 

$

12,880

 

7

Contract backlog

 

 

210

 

0.5

Developed technology

 

 

1,080

 

5

Non-compete agreements

 

 

380

 

2

Trademarks

 

 

790

 

12

Total

 

$

15,340