BUSINESS ACQUISITONS (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Components of Acquisition Related Costs

The components of acquisition- and integration-related costs incurred in the years ended December 31, 2018, 2017 and 2016 are were as follows (in thousands):



	Year ended December 31,
	2018		2017		2016
Professional and services fees (acquisition-related)	$	7,627	$	11,916	$	1,152
Management bonuses (acquisition-related)	1,972		931		—
Integration-related expenses	7,352		1,916		—
	$	16,951	$	14,763	$	1,152

Edgewater

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

A summary of the preliminary allocation of the purchase consideration for Edgewater is as follows (in thousands):



Fair value of consideration transferred:
Cash consideration:
Cash paid to Edgewater Selling Stakeholders	$	51,162
Less cash acquired	(4,773		)
Net cash consideration	46,389
Unpaid cash consideration	30,000
Fair value of Ribbon stock issued	30,000
Fair value of equity awards assumed (see Note 16)	747
Fair value of total consideration	$	107,136

Fair value of assets acquired and liabilities assumed:
Current assets, net of cash acquired	$	16,098
Property and equipment	245
Intangible assets:
Developed technology	29,500
Customer relationships	26,100
Trade names	1,100
Goodwill	48,053
Other noncurrent assets	103
Deferred revenue	(2,749		)
Other current liabilities	(9,926		)
Deferred revenue, net of current	(669		)
Other long-term liabilities	(719		)
	$	107,136

GENBAND

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information

Accordingly, these unaudited pro forma results are presented for illustrative purposes and are not intended to represent or be indicative of the actual results of operations of the combined company that would have been achieved had the Merger occurred at the beginning of the periods presented, nor are they intended to represent or be indicative of future results of operations (in thousands, except per share amounts):



	Year ended December 31,
	2017			2016
	(unaudited)
Revenue	$	615,286		$	631,914
Net loss	$	(69,741	)	$	(147,394	)
Loss per share	$	(0.69	)	$	(1.46	)

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

A summary of the final allocation of the purchase consideration for GENBAND is as follows (in thousands):



Fair value of consideration transferred:
Cash consideration:
Repayment of GENBAND long-term debt and accrued interest, related party	$	47,973
Payment of GENBAND management fees due to majority shareholder	10,302
Less cash acquired	(15,324		)
Net cash consideration	42,951
Fair value of Sonus stock issued	413,982
Promissory note issued to GENBAND equity holders	22,500
Fair value of total consideration	$	479,433

Fair value of assets acquired and liabilities assumed:
Current assets, net of cash acquired	$	99,126
Property and equipment	16,770
Intangible assets:
In-process research and development	5,600
Developed technology	129,000
Customer relationships	101,300
Trade names	900
Goodwill	285,825
Other noncurrent assets	6,732
Revolving credit facility	(17,930		)
Deferred revenue	(32,390		)
Other current liabilities	(80,023		)
Deferred revenue, net of current	(6,804		)
Other long-term liabilities	(28,673		)
	$	479,433

Taqua, LLC

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

A summary of the final allocation of the purchase consideration for Taqua is as follows (in thousands):



Fair value of consideration transferred:
Cash, net of cash acquired	$	19,919

Fair value of assets acquired and liabilities assumed:
Current assets	$	3,347
Property and equipment	1,478
Intangible assets:
Developed technology	2,100
Customer relationships	9,510
Goodwill	9,581
Other noncurrent assets	23
Current liabilities	(5,435		)
Long-term liabilities	(685		)
	$	19,919