Business Combination - (Tables)

9 Months Ended

Nov. 01, 2020

Business Combinations [Abstract]

Schedule of Consideration Transferred

The total purchase consideration for the acquisition of Portworx was $353.0 million, which consisted of the following (in thousands):

Cash	$	344,213
Fair value of stock options assumed	8,802
Total	$	353,015

We assumed certain unvested and outstanding stock options for Portworx's common stock. These stock options were converted into stock options for shares of our common stock.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

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

	Amount		Estimated Useful Life
Goodwill	$	323,413
Identified intangible assets:
Developed technology	21,612		5 years
Customer relationships	6,116		7 years
Trade name	3,762		3 years
Cash	4,407
Net liabilities assumed	(6,295)
Total	$	353,015