Business Combinations

12 Months Ended

Oct. 29, 2017

During fiscal 2017, Applied completed three acquisitions to complement Applied’s existing product offerings and to provide opportunities for future growth within Applied’s Display and Adjacent Markets and Applied Global Services segments.

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 and Applied Global Services segments.

The following table represents the preliminary aggregated purchase price allocation for acquisitions completed in fiscal year 2017:



	Estimated Fair Values
	(In millions)
Fair value of net assets acquired	$	23
Goodwill	55
Purchased technology	31
Purchase price allocated	$	109

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 Statement of Operations.