Mergers and Acquisitions (Tables)

12 Months Ended

Jul. 02, 2016

Network Instruments, LLC (Network Instruments)

Acquisitions

Summary of components of the assets acquired at fair value

The purchase price was allocated as follows (in millions):

Net tangible assets acquired	$	20.8
Intangible assets acquired:
Developed technology	21.7
Customer relationships	38.3
In-process research and development	1.7
Other	0.3
Goodwill	125.6
Total purchase price	$	208.4

Summary of components of the net tangible assets acquired at fair value

The following table summarizes the components of the tangible assets acquired at fair value (in millions):

Cash	$	9.0
Accounts receivable	13.8
Inventory	6.0
Property and equipment	1.0
Accounts payable	(1.5		)
Deferred tax liabilities, net	(0.6		)
Other liabilities, net of other assets	(4.4		)
Deferred revenue	(2.5		)
Net tangible assets acquired	$	20.8

Schedule of pro forma financial information on the results of the company

Actual results will differ from the unaudited pro forma information presented below (unaudited, in millions):

	Year Ended
	June 28, 2014
Pro forma net revenue	$	1,770.0
Pro forma net (loss) income	(14.5		)

Trendium Inc. (Trendium)

Acquisitions

Summary of components of the assets acquired at fair value

The purchase price was allocated as follows (in millions):

Tangible assets acquired:
Property, plant and equipment	$	0.2
Intangible assets acquired:
Developed technology	6.1
In-process research and development	5.4
Goodwill	14.4
Total purchase price	$	26.1