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Acquisitions
9 Months Ended
Sep. 30, 2020
Acquisitions [Abstract]  
Acquisitions Note 7. Acquisitions

Business combinations have been accounted for using the acquisition method, and, accordingly, the results of operations of the acquired businesses have been included in the accompanying condensed consolidated financial statements since their dates of acquisition. The assets and liabilities of these businesses were recorded in the financial statements at their estimated fair values as of the acquisition dates.

As discussed in our 2019 Form 10-K, we completed the acquisition of Streem in the fourth quarter of 2019. During the nine months ended September 30, 2020, we updated our preliminary purchase price allocation and reclassified $14 million from intangible assets, primarily developed technology, to goodwill. The purchase price allocation for this acquisition was completed during the third quarter of 2020, resulting in goodwill of $35 million and other intangible assets of $24 million, consisting of developed technology and patents, offset, in part, by a deferred tax liability of $4 million.

During the second quarter of 2020, we acquired a business for a cash purchase price of $5 million to expand our on-demand offering via their technology platform. The purchase price was allocated to developed technology and other intangible assets. The purchase price allocation for this acquisition was completed during the third quarter of 2020. No acquisitions occurred during the three months ended September 30, 2020.