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Acquired Intangible Assets and Goodwill
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Acquired Intangible Assets and Goodwill Acquired Intangible Assets and Goodwill
Acquired intangible assets that are subject to amortization consisted of the following as of December 31, 2024 and 2023 (in thousands):
 
 December 31, 2024December 31, 2023
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Completed technologies$463,766 $(223,480)$240,286 $354,539 $(196,572)$157,967 
Customer-related intangible assets758,817 (313,991)444,826 616,267 (273,758)342,509 
Trademarks and trade names15,318 (10,579)4,739 14,659 (9,117)5,542 
Acquired license rights44,810 (7,076)37,734 34,810 (4,685)30,125 
Total$1,282,711 $(555,126)$727,585 $1,020,275 $(484,132)$536,143 

Aggregate expense related to amortization of acquired intangible assets for the years ended December 31, 2024, 2023 and 2022 was $92.1 million, $66.8 million and $65.0 million, respectively. Based on the Company's acquired intangible assets as of December 31, 2024, aggregate expense related to amortization of acquired intangible assets is expected to be $111.5 million, $104.1 million, $89.2 million, $81.9 million and $76.0 million for the years ending December 31, 2025, 2026, 2027, 2028 and 2029, respectively. During 2024, the Company recorded a restructuring charge of $23.7 million related to the impairment of completed technologies and customer-related acquired intangible assets whose values were no longer supported by future cash flows. The impairment primarily related to acquired intangible assets acquired as part of the Neosec, Inc. ("Neosec") acquisition.

The changes in the carrying amount of goodwill for the years ended December 31, 2024 and 2023 were as follows (in thousands):

 20242023
Beginning balance$2,850,470 $2,763,838 
Acquisition of Noname Gate Ltd.312,065 — 
Acquisition of StorageOS, Inc.— 14,046 
Acquisition of Neosec, Inc.— 66,882 
Measurement period adjustments related to acquisitions completed in prior years18 — 
Foreign currency translation(11,476)5,704 
Ending balance$3,151,077 $2,850,470