Business Combinations (Tables)

9 Months Ended

Sep. 30, 2020

Komiko

Business Acquisition [Line Items]

Acquisition Date Fair Value of Consideration Transferred

The acquisition date fair value of the consideration transferred for Komiko was $8.5 million, comprised of the following (in millions):

Cash	$	8.3
Contingent earn-out payments	0.2
Total purchase consideration	$	8.5

Fair Values of Assets Acquired and Liabilities Assumed

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

Developed technology	$	2.4
Unearned revenue	(0.2)
Total identifiable net assets acquired	2.2
Goodwill	6.3
Total consideration	8.5
Contingent earn-out payments	(0.2)
Cash paid for acquisitions, net of cash acquired	$	8.3

Pre-Acquisition ZI

Business Acquisition [Line Items]

Acquisition Date Fair Value of Consideration Transferred

The acquisition date fair value of the consideration paid by the Company for Pre-Acquisition ZI was $760.1 million, including cash acquired of $12.1 million, and was comprised of the following (in millions):

Cash consideration	$	667.3
Liability for equity award settlement	25.2
Portion of replacement awards attributable to pre-acquisition service	27.9
Other purchase consideration liabilities	6.5
Deferred consideration	33.2
Total purchase consideration	$	760.1

Fair Values of Assets Acquired and Liabilities Assumed

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

Cash, cash equivalents, and restricted cash	$	12.1
Accounts receivable	22.1
Prepaid expenses and other assets	4.2
Property and equipment	6.3
Operating lease right-of-use assets	28.6
Intangible assets	322.0
Accounts payable and other liabilities	(6.8)
Lease liabilities	(28.6)
Deferred tax liabilities	(80.1)
Unearned revenue	(34.5)
Total identifiable net assets acquired	245.3
Goodwill	514.8
Total consideration	760.1
Deferred consideration	(33.2)
Cash acquired	(12.1)
Cash paid for acquisitions, net of cash acquired	$	714.8

Components of Identifiable Indefinite-Lived Intangible Assets Acquired

The following table sets forth the components of identifiable intangible assets acquired and the estimated useful lives as of the date of acquisition (in millions):

	Fair Value		Weighted Average Useful Life in Years
Brand portfolio	$	33.0	Indefinite
Developed technology	116.0		5.8
Customer relationships	173.0		15.0
Total intangible assets	$	322.0