Goodwill and Intangible Assets, Net

3 Months Ended

Mar. 31, 2022

The following table presents goodwill activity (in thousands):


December 31, 2021	$	966,427
Goodwill acquired	632,472
Foreign currency translation	(13,971)
March 31, 2022	$	1,584,928

Intangible assets, net consisted of the following (in thousands):


	Weighted- Average Remaining Useful Life (Years)	As of March 31, 2022						As of December 31, 2021
		Gross Carrying Value		Accumulated Amortization		Net Book Value		Gross Carrying Value		Accumulated Amortization		Net Book Value


Long-lived intangible assets:
Apps	4.9	$	1,970,743	$	(619,754)	$	1,350,989	$	1,939,180	$	(529,012)	$	1,410,168
Customer Relationships	9.5	479,125		(21,036)		458,089		145,870		(8,442)		137,428
User base	4.0	68,817		(29,807)		39,010		68,817		(27,369)		41,448
License asset	1.3	25,640		(4,273)		21,367		25,640		—		25,640
Developed technology	4.9	148,424		(28,268)		120,156		87,851		(21,435)		66,416
Other	5.0	36,471		(7,984)		28,487		34,895		(6,648)		28,247
Total long-lived intangible assets		2,729,220		(711,122)		2,018,098		2,302,253		(592,906)		1,709,347
Short-lived intangible assets:
Apps	0.4	43,151		(40,940)		2,211		40,348		(38,724)		1,624
Total intangible assets		$	2,772,371	$	(752,062)	$	2,020,309	$	2,342,601	$	(631,630)	$	1,710,971

As of March 31, 2022 and December 31, 2021, short-lived mobile Apps were included in prepaid expenses and other current assets.

The Company recorded amortization expenses related to acquired intangible assets as follows (in thousands):