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Table of Contents
Goodwill, which is deductible for tax purposes, represents the excess of the purchase price over the fair value of the net tangible and
intangible assets acquired, and is primarily attributable to the assembled workforce of the acquired business and expected synergies at the time of
the acquisition.
2012 Acquisitions
Acquisition of OMGPOP . In March 2012, we acquired 100% of the outstanding stock of OMGPOP, a provider of social games for mobile
phones, tablets, PCs and social network sites, for purchase consideration of approximately $183.1 million in cash. We acquired OMGPOP to
expand our social games offerings, particularly on mobile platforms. Goodwill from the acquisition represents the excess of the purchase price
over the fair value of the net tangible and intangible assets acquired and is not deductible for tax purposes. Goodwill recorded in connection with
this acquisition is primarily attributable to the assembled workforce of the acquired business and expected synergies at the time of the
acquisition.
Other Acquisitions . During the year ended December 31, 2012, we acquired four companies in addition to OMGPOP for an aggregate
purchase price of $24.1 million, $23.9 million of which was paid in cash and the remainder in issuance of $0.2 million in restricted shares of our
Class A common stock.
Pro forma results of operations related to our 2013 and 2012 acquisitions have not been presented because they are not material to our 2013
or 2012 consolidated statements of operations, either individually or in the aggregate.
6. Goodwill and Other Intangible Assets
Changes in the carrying value of goodwill from December 31, 2011to December 31, 2013 are as follows (in thousands):
The details of our acquisition-related intangible assets are as follows (in thousands):
87
Goodwill
–
December 31, 2011
$
91,765
Additions
117,541
Foreign currency translation adjustments
(487
)
Goodwill adjustments
136
Goodwill
–
December 31, 2012
208,955
Additions
20,441
Foreign currency translation adjustments
(1,407
)
Goodwill
–
December 31, 2013
$
227,989
December 31, 2013
Gross Carrying
Value
Accumulated
Amortization
Net Book
Value
Developed technology
$
79,652
$
(73,402
)
$
6,250
Trademarks, branding and domain names
15,199
(5,668
)
9,531
Acquired lease intangibles
5,707
(3,206
)
2,501
Total
$
100,558
$
(82,276
)
$
18,282