Autodesk 2014 Annual Report Download - page 159

2013 Annual Report
2014 Form 10-K 85
goodwill was assigned to, Autodesk's AEC segment. The amount of goodwill that is expected to be deductible for tax purposes
is zero.
On August 1, 2012, Autodesk acquired Socialcam, Inc, (“Socialcam”) for total cash consideration of $59.5 million.
Socialcam was a privately held web-based company offering a smartphone application and web-based service that allows users
to capture, edit, and share video. Of the $59.5 million, Autodesk incurred $16.6 million relating to the acceleration of vesting of
equity awards held in Socialcam for Socialcam employees immediately prior to the acquisition. The $16.6 million stock based
compensation charge is included in "Research and development" in the Consolidated Statement of Operations. Socialcam has
been integrated into, and the related goodwill was assigned to, Autodesk’s PSEB segment. The amount of goodwill that is
expected to be deductible for tax purposes is zero.
On October 4, 2012, Autodesk acquired Qontext, an enterprise business and social collaboration software solution, from
India-based Pramati Technologies for $26.0 million and hired the Qontext development team. This acquisition is expected to
accelerate Autodesk’s ongoing move to the cloud and expansion of social capabilities in the Autodesk 360 cloud-based service.
Treated as a business combination, Qontext has been integrated into, and the related goodwill was assigned to, Autodesk’s
PSEB segment. The amount of goodwill that is expected to be deductible for tax purposes is $24.0 million.
On December 21, 2012, Autodesk acquired PI-VR GmbH (“PI-VR”) for approximately $48.6 million. PI-VR was a
privately held company based in Berlin, Germany that specializes in sophisticated real time visualization technology used
primarily in the automotive industry. PI-VR has been integrated, and the related goodwill was assigned to, Autodesk's MFG
segment. The amount of goodwill that is expected to be deductible for tax purposes is zero.
During the fiscal year ended January 31, 2013, Autodesk also completed nine other business combination and technology
acquisitions for total cash consideration of approximately $63.2 million. These business combinations and technology
acquisitions were not material individually or in aggregate to Autodesk's Consolidated Financial Statements.
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 (2.0) — — (0.1) —
Deferred tax asset (liability) 3.9 (9.4) — (5.0) —
Net tangible assets (liabilities) 4.5 (0.2) — 0.7 —
Total $ 76.0 $ 42.9 $ 26.0 $ 48.6 $ 63.2
6. Deferred Compensation
At January 31, 2014, Autodesk had marketable securities totaling $691.4 million, of which $38.9 million related to
investments in debt and equity securities that are held in a rabbi trust under non-qualified deferred compensation plans. The
total related deferred compensation liability was $38.9 million at January 31, 2014, of which $1.9 million was classified as
current and $37.0 million was classified as non-current liabilities. The value of debt and equity securities held in the rabbi trust
at January 31, 2013 was $35.3 million. The total related deferred compensation liability at January 31, 2013 was $35.3 million,
of which $3.9 million was classified as current and $31.4 million was classified as non-current liabilities. The securities are
recorded in the Consolidated Balance Sheets under the current portion of "Marketable Securities". The current and non-current
portions of the liability are recorded in the Consolidated Balance Sheets under “Accrued compensation” and “Other liabilities,”
respectively.