XML 95 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
Intangible Assets, Net
12 Months Ended
Dec. 31, 2014
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

NOTE 7:-      INTANGIBLE ASSETS, NET

 

a.         Intangible assets:

 

The following table sets forth the components of intangible assets associated with the Nera Acquisition:

 

December 31,

 

2013

 

2014

Original amounts:

   
     

Technology

    $ 8,600     $ 8,600

Trademarks

    800     800

Customer relationships *)

    8,045     8,023
       
    17,445     17,423
       

Accumulated amortization:

       
       

Technology

    3,625     4,854

Trademarks

    800     800

Customer relationships

    5,807     6,699
       
    10,232     12,353
       

Intangible assets, net

    $ 7,213     $ 5,070
                    
*)
Including functional currency translation adjustments related to Brazilian subsidiary.

Customer relationships represent relationships with customer through whom Nera generates its revenue, capable of being separated or divided from the entity and sold, or transferred.

 

Technology includes Nera's internally developed proprietary technologies, features, platforms, and offerings, capable of being separated or divided from the entity and sold, transferred, or licensed.

 

Trade names value consists of the right to use for two years Nera's trade names, trademarks, logos and URLs, capable of being separated or divided from the entity and sold, transferred, or licensed.

 

b.         Amortization expense for the years ended December 31, 2012, 2013 and 2014 amounted to $ 3,537$ 2,534 and $ 2,121, respectively.

 

c.         The estimated future amortization expense of purchased intangible assets as of December 31, 2014 is as follows:

   

2015

  $ 1,810

2016

  1,665

2017

    1,534

2018

    61
   
    $ 5,070