Business Combinations

9 Months Ended

Dec. 31, 2012

Business Combinations

(2) Business Combinations

During the nine months ended December 31, 2012, we completed three business combinations for combined purchase consideration of $19.5 million. The purchase consideration was allocated to acquired assets and assumed liabilities consisting primarily of $19.2 million of acquired technology, with weighted average economic lives of approximately three years, in addition to other tangible assets and liabilities. These acquisitions resulted in a preliminary allocation of $2.7 million to goodwill assigned to our Enterprise Service Management-Solutions segment. We are in the process of finalizing our assessment of the fair value of acquired assets and assumed liabilities, primarily as it relates to tax attributes, and will adjust the purchase price allocations when they are finalized.