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## Other Acquisitions in 2010 

We also completed two other acquisitions in 2010: 

U  Footnoted business of Financial Fineprint Inc.: In February 2010, we acquired the Footnoted business of Financial Fineprint Inc. (Footnoted), a blog for professional money managers, analysts, and individual investors. Footnoted Pro, a service for institutional investors, provides insight on actionable items and trends in SEC filings. The acquisition includes the Footnoted.org website and the Footnoted Pro service. We began including the financial results of this acquisition in our Consolidated Financial Statements on February 1, 2010. 

U  Seeds Group: In July 2010, we acquired Seeds Group (Seeds), a leading provider of investment consulting services and fund research in France. Through its subsidiary Seeds Finance, Seeds provides investment consulting services and specializes in asset liability management, manager selection, plan construction, risk, and portfolio management in alternative investments and active strategies. Its subsidiary, Multiratings.com, provides a fund research and investment education website for advisor groups and institutions. We began including the financial results of this acquisition in our Consolidated Financial Statements on July 1, 2010. 

The combined purchase price for these two acquisitions was $6,162,000, less acquired cash. 

For these two acquisitions, the following table summarizes our allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed at the dates of acquisition: 

<img src='content_image/170498.jpg'>

The purchase price allocation includes $2,580,000 of acquired intan- gible assets, as follows: 

<img src='content_image/170497.jpg'>

Approximately $260,000 of the intangible assets is deductible for income tax purposes over a period of approximately 15 years from the acquisition date. 

The recorded goodwill amount of $3,972,000 for Footnoted and Seeds represents the premium we paid over the fair value of the net tan- gible and intangible assets we acquired. For Footnoted, we paid this premium for a number of reasons, including the strategic ben- efits of offering Footnoted’s unique research with Morningstar’s investor-centric content on Morningstar.com. For Seeds, we paid this premium for a number of reasons, including expanding our investment consulting services and expertise in alternative invest- ments to enhance our fund-of-funds investment management capa- bilities in France. 

Approximately $494,000 of the goodwill is deductible for income tax purposes over a period of approximately 15 years from the acqui- sition date. 

## 2009 Acquisitions 

## Equity research and data business of C.P.M.S. Computerized Portfolio Management Services Inc. 

In May 2009, we acquired the equity research and data business of C.P.M.S. Computerized Portfolio Management Services Inc. (CPMS) for $13,885,000 in cash. CPMS tracks fundamental equity data for approximately 4,000 securities in the United States and Canada and provides earnings estimates for Canadian stocks. In addition, CPMS’ flagship software platform, the Equity Market Service, fully integrates fundamental and expected earnings data to generate a wide range of applications such as stock, industry, and market analysis; construction of long and short strategies with its propri- etary ranking and screening system; stock and portfolio sensitivity analysis; and portfolio analytics. CPMS’ equity research and data 

