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Other Intangible Assets, Net
12 Months Ended
Dec. 31, 2022
Other Intangible Assets, Net [Abstract]  
OTHER INTANGIBLE ASSETS, NET

NOTE 8:- OTHER INTANGIBLE ASSETS, NET

 

a.Other intangible assets, net, are comprised of the following:

 

   Weighted
average
remaining
useful life
(years)
   December 31, 
       2022   2021 
Original amounts:            
             
Customer relationships  6.7   $55,178   $57,317 
Technology  3.3    70,264    70,123 
Patents  1.5    1,364    1,544 
               
        126,806    128,984 
               
Accumulated amortization:              
               
Customer relationships       27,717    23,940 
Technology       53,832    46,960 
Patents       1,254    1,145 
               
        82,803    72,045 
               
Other intangible assets, net      $44,003   $56,939 

 

In December 2021, the Company purchased assets from a U.S company, for a total consideration of approximately $600. The acquired assets mainly included customer relationship and technology.

 

b.Amortization of other intangible assets was $12,158, $15,630 and $12,127 for 2022, 2021 and 2020, respectively.

 

c.Estimated amortization expense for future periods:

 

2023  $11,751 
2024   8,862 
2025   6,665 
2026   6,412 
Thereafter   10,313 
      
   $44,003