Acquisitions (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Business Acquisitions, by Acquisition

A summary of the acquisitions is as follows:

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the consideration paid for the Titan acquisition and presents the allocation of the amount to the net tangible and identifiable intangible assets based on their estimated fair values as of December 2, 2014 (in thousands):



	Titan Acquisition
Purchase Price
Cash consideration	$	953
Common stock consideration		1,005
	$	1,958

Purchase Price Allocation
Current assets, including cash and cash equivalents of $0.1 million	$	3,721
Property, plant and equipment		410
Identifiable intangible assets		5,147
Goodwill		2,719
Total assets acquired		11,997
Current liabilities		(6,881)
Notes payable		(3,158)
Net assets acquired	$	1,958

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The major classes of intangible assets arising from the acquisition of Titan, their respective amortization periods, and the amount of amortization expense recognized during the six months ended June 30, 2015 are as follows (in thousands):



	Weighted Average Amortization Years	Titan Acquisition
Acquired Intangible Assets
Customer relationships	4	$	4,320
Distributor territory license	4		474
Internally developed software	7		289
Trade names	1		64
		$	5,147

Harmonics Holdings Inc. [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the consideration paid for the Harmonics acquisition and presents the preliminary allocation of the amount to the net tangible and identifiable intangible assets based on their estimated fair values as of January 16, 2015 (in thousands):



	Harmonics Acquisition
Purchase Price
Cash consideration	$	93
Forgiveness of trade payables and indebtedness due to purchaser		609
Deferred payments due to seller		500
	$	1,202

Purchase Price Allocation
Current assets	$	21
Property, plant and equipment		4
Goodwill		1,177
Total assets acquired		1,202
Current liabilities		-
Net assets acquired	$	1,202