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Table of Contents
VMware, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Intangible Assets, Net
Intangible assets, net, excluding goodwill, as of December 31, 2010 and 2009, consisted of the following (table in thousands):
Amortization expense on intangibles was $34.8 million, $14.1 million and $17.5 million in the years ended December 31, 2010, 2009 and
2008, respectively. Based on intangible assets recorded as of December 31, 2010 and assuming no subsequent additions or impairment of
underlying assets, the remaining estimated annual amortization expense is expected to be as follows (table in thousands):
91
2010
Weighted
-
Average
Useful
Lives
(in years)
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Purchased technology
4.8
$
279,052
$
(157,409
)
$
121,643
Customer relationships and customer lists
7.9
88,994
(23,856
)
65,138
Trademarks and tradenames
6.2
24,780
(11,116
)
13,664
Other
4.3
18,425
(7,942
)
10,483
Total intangible assets, net, excluding goodwill
$
411,251
$
(200,323
)
$
210,928
2009
Weighted
-
Average
Useful
Lives
(in years)
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Purchased technology
4.9
$
168,822
$
(114,804
)
$
54,018
Customer relationships and customer lists
8.6
37,694
(6,451
)
31,243
Trademarks and tradenames
7.4
14,680
(7,607
)
7,073
Other
4.3
8,625
(6,402
)
2,223
Total intangible assets, net, excluding goodwill
$
229,821
$
(135,264
)
$
94,557
2011
$
51,393
2012
49,921
2013
35,605
2014
28,101
2015
18,539
Thereafter
27,369
Total
$
210,928