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ACQUIRED INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
The following table details acquired intangible assets (in thousands):
Balance at March 31, 2025
Weighted Average Estimated Useful LifeCostAccumulated AmortizationNet
Technology assets5 years$353,791 $(255,785)$98,006 
Customer assets15 years1,363,332 (311,116)1,052,216 
Trade names and other9 years389,137 (148,117)241,020 
Total$2,106,260 $(715,018)$1,391,242 

Balance at December 31, 2024
Weighted Average Estimated Useful LifeCostAccumulated AmortizationNet
Technology assets5 years$353,791 $(241,110)$112,681 
Customer assets15 years1,401,102 (332,153)1,068,949 
Trade names and other9 years389,137 (137,700)251,437 
Total$2,144,030 $(710,963)$1,433,067 

All intangible assets are amortized over their estimated useful lives.

The change in the carrying value of intangible assets was as follows (in thousands):
Three Months Ended
March 31,
20252024
Acquired intangible assets, net, beginning of the period$1,433,067 $1,761,521 
Amortization expense(48,330)(61,309)
Foreign currency translation and other adjustments6,505 (26,594)
Acquired intangible assets, net, end of the period$1,391,242 $1,673,618 

The estimated future amortization expense of intangible assets as of March 31, 2025 was as follows (in thousands):
Remainder of 2025$142,705 
2026180,956 
2027137,392 
2028133,604 
2029132,973 
Thereafter663,612 
Total$1,391,242