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The following table summarizes the fair value of the assets acquired and liabilities assumed by major class for each of the
business combinations and technology acquisitions completed during the fiscal year ended January 31, 2013:
Vela Socialcam Qontext PI-VR Other
Developed technologies $ 5.9 $ 1.9 $ 2.0 $ 7.6 $ 13.6
Customer relationships 3.6 — — 6.7 1.5
Trade name 2.6 5.3 — 1.9 2.0
User List — 22.3 — — —
Goodwill 57.5 23.0 24.0 36.8 46.1
Deferred Revenue (current and non-current) (2.0) — — (0.1) —
Deferred tax asset (liability) 3.9 (9.4) — (5.0) —
Net tangible assets (liabilities) 4.5 (0.2) — 0.7 —
$ 76.0 $ 42.9 $ 26.0 $ 48.6 $ 63.2
For Vela, Socialcam and PI-VR, the allocation of purchase price consideration to the assets and liabilities is not yet
finalized. The allocation of the purchase price consideration was based upon a preliminary valuation and Autodesk's estimates
and assumptions are subject to change within the measurement period (up to one year from the acquisition date). The primary
areas of the preliminary purchase price allocation that are not yet finalized are amounts for income tax assets and liabilities,
pending finalization of estimates and assumptions in respect of certain tax aspects of the transaction and residual goodwill.
Fiscal 2012 Acquisitions
On March 1, 2011, Autodesk acquired Scaleform Corporation (“Scaleform”) for total cash consideration of $36.2 million.
Scaleform was a privately held middleware and user interface tools company, whose technology has been licensed in the
development of games across all major hardware platforms. Scaleform has been integrated into, and the related goodwill was
assigned to Autodesk's M&E segment. The amount of goodwill that is deductible for tax purposes is zero.
On March 10, 2011, Autodesk acquired Blue Ridge Numerics, Inc. (“Blue Ridge”) for total cash consideration of $41.2
million. Blue Ridge was a privately held company that designed and sold software that enables mechanical engineers to study
fluid flow and thermal performance in virtual prototyping. Blue Ridge has been integrated into, and the related goodwill was
assigned to Autodesk's Manufacturing segment. The amount of goodwill that is deductible for tax purposes is zero.
On August 1, 2011, Autodesk acquired Instructables, Inc. (“Instructables”) for total cash consideration of $30.2 million.
Instructables was a privately held web-based company specializing in user-created and uploaded instructions for do-it-yourself
projects, on which other users can comment and rate for quality. Instructables has been integrated into, and the related goodwill
was assigned to Autodesk's PSEB segment. The amount of goodwill that is deductible for tax purposes is zero.
On August 24, 2011, Autodesk entered into a purchase agreement with Turbo Squid, Inc. (“Turbo Squid”) to acquire
certain technology related assets for $26.0 million and entered into related cross-licensing and a commercial arrangement
which is less than $0.2 million in expense per year. Additionally, Autodesk purchased the option to acquire Turbo Squid within
a prescribed date range.
On October 14, 2011, Autodesk acquired Micro Application Packages Limited (“MAP”) for total cash consideration of
$23.0 million. MAP was a privately held company specializing in software and services in the building information modeling
(“BIM”) life cycle with the focus on fabrication. MAP has been integrated into, and the related goodwill was assigned to
Autodesk's AEC segment. The amount of goodwill that is deductible for tax purposes is $12.7 million.
On December 21, 2011, Autodesk acquired certain technology-related assets of T-Splines, Inc. ("T-Splines") for total cash
consideration of $23.0 million. T-Splines is a privately-held company, that develops surface modeling software for industrial
designers and CAD professionals. The assets of T-Splines have been integrated into, and the related goodwill was assigned to
Autodesk's MFG segment. The amount of goodwill that is deductible for tax purposes is $19.8 million.
During the fiscal year ended January 31, 2012, Autodesk also completed 17 other business combination and technology
acquisitions for total cash consideration of approximately $54.8 million. These business combinations and technology
acquisitions were not material individually or in aggregate to Autodesk's Consolidated Financial Statements.
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2013 Annual Report