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ACQUIRED INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
The following table details acquired intangible assets (in thousands):
Balance at June 30, 2025
Weighted Average Estimated Useful LifeCostAccumulated AmortizationNet
Technology assets5 years$353,791 $(270,189)$83,602 
Customer assets15 years1,396,473 (342,027)1,054,446 
Trade names and other9 years389,137 (158,450)230,687 
Total$2,139,401 $(770,666)$1,368,735 

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
June 30,		Six Months Ended
June 30,
2025202420252024
Acquired intangible assets, net, beginning of the period$1,391,242 $1,673,618 $1,433,067 $1,761,521 
Amortization expense(48,295)(58,402)(96,625)(119,711)
Foreign currency translation and other adjustments25,788 13,967 32,293 (12,627)
Acquired intangible assets, net, end of the period$1,368,735 $1,629,183 $1,368,735 $1,629,183 
The estimated future amortization expense of intangible assets as of June 30, 2025 was as follows (in thousands):
Remainder of 2025$95,711 
2026183,165 
2027139,601 
2028135,813 
2029135,183 
Thereafter679,262 
Total$1,368,735