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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Summary of consideration paid and amounts recognized for assets acquired and liabilities assumed
The following table summarizes the consideration paid and the amounts recognized for the assets acquired and liabilities assumed:
Total
Fair Value
(in thousands)
Current assets, including cash acquired$181 
Identifiable intangible assets3,700 
Goodwill11,257 
Other long-term assets12 
Current liabilities(185)
Deferred tax liabilities(76)
Deferred revenue(34)
Total consideration$14,855 
The following table summarizes the consideration paid and the amounts recognized for the assets acquired and liabilities assumed:
Total
Fair Value
(in thousands)
Current assets$231 
Identifiable intangible assets5,000 
Goodwill8,964 
Current liabilities(40)
Deferred tax liabilities(1,041)
Deferred revenue(113)
Total consideration$13,001 
Summary of fair value of acquired identifiable intangible assets and weighted-average useful life
The following table summarizes the fair value of the acquired identifiable intangible assets and their respective weighted-average useful lives:
Fair ValueWeighted-average useful life
(in thousands)(in years)
Developed product technologies$2,700 3
Customer relationships1,000 2
Total identifiable intangible assets$3,700 2.7
The following table summarizes the fair value of the acquired identifiable intangible assets and their respective weighted-average useful lives:
Fair ValueWeighted-average useful life
(in thousands)(in years)
Developed product technologies$3,900 5
Customer relationships1,100 4
Total identifiable intangible assets$5,000 4.8