Other Intangible Assets, Net

12 Months Ended

Dec. 31, 2021

Other Intangible Assets, Net [Abstract]

OTHER INTANGIBLE ASSETS, NET

NOTE 8:- OTHER INTANGIBLE ASSETS, NET

a. Other intangible assets, net, are comprised of the following:

	Weighted average remaining useful life (years)	December 31,
		2020		2021
Original amounts:
Customer relationships	7.6	$	59,482	$	57,317
Technology	4.0		70,813		70,123
Patent	2.5		1,493		1,544
			131,788		128,984
Accumulated amortization:
Customer relationships			18,827		23,940
Technology			37,050		46,960
Patent			958		1,145
			56,835		72,045
Other intangible assets, net		$	74,953	$	56,939

In October 2020, the Company purchased a perpetual software license, which includes a permission to use the licensor’s source code and intellectual property rights, for a total consideration of $2,810. This purchase was included in technology under other intangible assets.

In December 2021, the Company purchased net assets from a U.S company, for a total consideration of approximately $600. The acquired assets mainly included customer relationship and technology.

b. Amortization of other intangible assets was $10,000, $12,127 and $15,630 for 2019, 2020 and 2021, respectively.

c. Estimated amortization expense for future periods:

2022	$	12,374
2023		11,760
2024		8,853
2025		6,621
2026 and thereafter		17,331
	$	56,939