Business Combinations

9 Months Ended

Jul. 30, 2017

During the first nine months of fiscal 2017, Applied completed two acquisitions to complement Applied's existing product offerings and to provide opportunities for future growth within Applied's Display and Adjacent Markets segment.

Pro forma results of operations for these acquisitions have not been presented because they are not material to Applied's consolidated results of operations. The acquired businesses are included in the results for the Display and Adjacent Markets segment.

The following table represents the preliminary aggregated purchase price allocation for acquisitions completed in the nine months ended July 30, 2017:



	Estimated Fair Values
	(In millions)

Fair value of net assets acquired	$	17
Goodwill	44
Purchased technology	31
Purchase price allocated	$	92

Intangible assets are being amortized on a straight-line basis over an estimated weighted-average useful life of 3.5 years. Total transaction costs related to these acquisitions were not material and were expensed as incurred in general and administrative expenses in the Consolidated Condensed Statement of Operations.