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Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2022
Intangible Assets, Net [Abstract] |
INTANGIBLE ASSETS, NET |
| NotE 8:- | Intangible Assets, Net
Composition and movement:
|  | Capitalized Software development costs |  |  | Customer relationship |  |  | Acquired technology |  |  | Others |  |  | Total |
Cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of January 1, 2022 |  | $ | 90,101 |  |  | $ | 86,651 |  |  | $ | 18,371 |  |  | $ | 637 |  |  | $ | 195,760 |
Capitalized development costs |  |  | 3,059 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,059 |
Purchase of intangible asset |  |  | - |  |  |  | 219 |  |  |  | - |  |  |  | - |  |  |  | 219 |
Acquisition of subsidiaries |  |  | - |  |  |  | 11,319 |  |  |  | 2,707 |  |  |  | - |  |  |  | 14,026 |
Adjustments arising from translating financial statements of foreign operations |  |  | (103 | ) |  |  | (5,055 | ) |  |  | (1,030 | ) |  |  | (53 | ) |  |  | (6,241 | )
Balance as of December 31, 2022 |  | $ | 93,057 |  |  | $ | 93,134 |  |  | $ | 20,048 |  |  | $ | 584 |  |  | $ | 206,823 |
Accumulated amortization and impairment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of January 1, 2022 |  | $ | 79,354 |  |  | $ | 54,494 |  |  | $ | 10,329 |  |  | $ | 193 |  |  | $ | 144,370 |
Amortization recognized in the year |  |  | 3,817 |  |  |  | 7,865 |  |  |  | 1,797 |  |  |  | 95 |  |  |  | 13,574 |
Adjustments arising from translating financial statements of foreign operations |  |  | - |  |  |  | (2,930 | ) |  |  | (244 | ) |  |  | (4 | ) |  |  | (3,178 | )
Balance as of December 31, 2022 |  | $ | 83,171 |  |  | $ | 59,429 |  |  | $ | 11,882 |  |  | $ | 284 |  |  | $ | 154,766 |
Amortized cost at December 31, 2022 |  | $ | 9,886 |  |  | $ | 33,705 |  |  | $ | 8,166 |  |  | $ | 300 |  |  | $ | 52,057 |
|  | Capitalized Software development costs |  |  | Customer relationship |  |  | Acquired technology |  |  | Others |  |  | Total |
Cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of January 1, 2021 |  | $ | 86,240 |  |  | $ | 78,750 |  |  | $ | 18,052 |  |  | $ | 616 |  |  | $ | 183,658 |
Capitalized development costs |  |  | 3,193 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,193 |
Acquisition of subsidiaries |  |  | - |  |  |  | 6,445 |  |  |  | - |  |  |  | - |  |  |  | 6,445 |
Adjustments arising from translating financial statements of foreign operations |  |  | 668 |  |  |  | 1,456 |  |  |  | 319 |  |  |  | 21 |  |  |  | 2,464 |
Balance as of December 31, 2021 |  | $ | 90,101 |  |  | $ | 86,651 |  |  | $ | 18,371 |  |  | $ | 637 |  |  | $ | 195,760 |
Accumulated amortization and impairment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of January 1, 2021 |  | $ | 74,841 |  |  | $ | 46,621 |  |  | $ | 8,720 |  |  | $ | 72 |  |  | $ | 130,254 |
Amortization recognized in the year |  |  | 4,513 |  |  |  | 6,962 |  |  |  | 1,468 |  |  |  | 111 |  |  |  | 13,054 |
Adjustments arising from translating financial statements of foreign operations |  |  | - |  |  |  | 911 |  |  |  | 140 |  |  |  | 11 |  |  |  | 1,062 |
Balance as of December 31, 2021 |  | $ | 79,354 |  |  | $ | 54,494 |  |  | $ | 10,329 |  |  | $ | 193 |  |  | $ | 144,370 |
Amortized cost at December 31, 2021 |  | $ | 10,747 |  |  | $ | 32,157 |  |  | $ | 8,042 |  |  | $ | 444 |  |  | $ | 51,390 |
Amortized cost at January 1, 2021 |  | $ | 11,399 |  |  | $ | 32,129 |  |  | $ | 9,332 |  |  | $ | 544 |  |  | $ | 53,404 |
During the years ended December 31, 2021 and 2022 the Company recognized amortization expenses related to intangible assets as follows:
|  | Year ended December 31, |
|  | 2021 |  |  | 2022 |
Cost of revenues |  | $ | 6,068 |  |  | $ | 5,405 |
Selling and marketing expenses |  |  | 6,968 |  |  |  | 8,169 |
|  | $ | 13,054 |  |  | $ | 13,574 |
Intangible assets composition by reportable segment as of December 31, 2022:
|  | IT professional services |  |  | Software services |  |  | Total |
Capitalized Software development costs |  | $ | 1,079 |  |  | $ | 8,807 |  |  | $ | 9,886 |
Customer relationship |  |  | 22,373 |  |  |  | 11,332 |  |  |  | 33,705 |
Acquired technology |  |  | 1,751 |  |  |  | 6,415 |  |  |  | 8,166 |
Others |  |  | - |  |  |  | 300 |  |  |  | 300 |
Total |  | $ | 25,203 |  |  | $ | 26,854 |  |  | $ | 52,057 |
The estimated future amortization expense of intangible assets as of December 31, 2022 is as follows:
2023 |  | $ | 13,011 |
2024 |  |  | 11,075 |
2025 |  |  | 9,048 |
2026 |  |  | 7,162 |
2027 and thereafter |  |  | 11,761 |
|  | $ | 52,057 |

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