8. Goodwill

The carrying amount of goodwill as of December 31, 2012, 2011, and 2010 relates to three acquisitions, including ARIGO Software GmbH (“ARIGO”) in 2001, BeAtHome in 2002, and MTC in 2003. The goodwill acquired as part of the ARIGO transaction is valued in Euros, and is therefore subject to foreign currency translation gains and losses. The changes in the carrying amount of goodwill, net for the years ended December 31, 2012 and 2011 are as follows (in thousands):



	Amount
Balance as of December 31, 2010	$	8,316
Unrealized foreign currency translation loss	(81		)
Balance as of December 31, 2011	8,235
Unrealized foreign currency translation loss	41
Balance as of December 31, 2012	$	8,276