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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The total purchase consideration was allocated to the assets acquired and liabilities assumed based on their respective fair values on the acquisition date as follows:
| Fair Value
| (In thousands)
Current assets | $ | 1,460 |
Goodwill | 80,999 |
Acquired intangibles | 26,000 |
Other long-term assets | 2,798 |
Total assets acquired | 111,257 |
Current liabilities | 2,531 |
Long-term liabilities | 142 |
Total liabilities assumed | 2,673 |
Total purchase consideration | $ | 108,584 |
| Fair Value
| (In thousands)
Current assets | $ | 4,369 |
Goodwill | 47,448 |
Acquired intangibles | 12,400 |
Other long-term assets | 89 |
Total assets acquired | 64,306 |
Current liabilities | 1,553 |
Long-term liabilities | 2,885 |
Total liabilities assumed | 4,438 |
Total purchase consideration | $ | 59,868 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | Definite-lived intangible assets acquired with Cadence’s acquisition of the SerDes and Memory business from Rambus were as follows:
| Fair Value |  | Weighted Average Amortization Period
| (In thousands) |  | (in years)
Existing technology | $ | 16,700 |  |  | 5.0 years
Agreements and relationships | 9,300 |  |  | 7.0 years
Total acquired intangibles with definite lives | $ | 26,000 |  |  | 5.7 years
Definite-lived intangible assets acquired with Cadence’s acquisition of Pulsic were as follows:
| Fair Value |  | Weighted Average Amortization Period
| (In thousands) |  | (in years)
Existing technology | $ | 8,000 |  |  | 6.2 years
Agreements and relationships | 4,100 |  |  | 8.0 years
Tradenames, trademarks and patents | 300 |  |  | 6.0 years
Total acquired intangibles with definite lives | $ | 12,400 |  |  | 6.8 years

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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