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Goodwill and Other Intangible Assets, Net
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
Changes in the carrying amount of goodwill were as follows:
in thousands
Balance as of December 31, 2021
$1,118,768 
Adjustments in purchase price allocations(853)
Balance as of September 30, 2022
$1,117,915 
The measurement periods for the valuation of assets acquired and liabilities assumed end as soon as information on the facts and circumstances that existed as of the acquisition dates becomes available, but do not exceed 12 months. Adjustments in purchase price allocations may require a change in the amounts allocated to goodwill and acquired assets and liabilities assumed during the periods in which the adjustments are determined.
Other intangible assets, net
Other intangible assets, net consisted of the following:
As of September 30,As of December 31,
in thousands20222021
Patents$751 $751 
Developed technology159,670 159,665 
Customer relationships111,700 111,965 
Developed content400 400 
Tradename1,890 1,915 
Licenses and certifications6,350 6,845 
License agreements1,500 1,500 
Total intangible assets$282,261 $283,041 
Accumulated amortization(58,617)(18,541)
Other intangible assets, net$223,644 $264,500 
The Company recognized amortization expense related to its acquired intangible assets as follows:
Three Months Ended September 30,Nine Months Ended September 30,
in thousands2022202120222021
Cost of revenue$7,452 $442 $22,529 $973 
Sales and marketing5,531 74 16,589 176 
General and administrative320 47 958 141 
Total amortization of acquired intangible assets13,303 563 40,076 1,290 
Estimated amortization expense for intangible assets for the next five years consists of the following:
As of September 30,
in thousands2022
Remainder of 2022
13,228 
2023
51,002 
2024
50,885 
2025
49,934 
2026
41,366 
Thereafter17,229 
Total$223,644