6. Acquisitions in fiscal year 2011 Jigsaw Data Corporation In May 2010 the Company acquired for cash the stock of Jigsaw Data Corporation ("Jigsaw"), a cloud provider of crowd-sourced data services in the cloud. The Company acquired Jigsaw to combine the Company's CRM applications and enterprise cloud platform with Jigsaw's cloud-based model for the automation of acquiring, completing and cleansing business contact data. The Company has included the financial results of Jigsaw in the consolidated financial statements from the date of acquisition. The total cash consideration for Jigsaw was approximately $ 148.5 million. In addition, the Company will potentially make additional payments ("contingent consideration") totaling up to $ 14.4 million in cash, based on the achievement of certain billings targets related to Jigsaw's services for the one-year period from May 8, 2010 through May 7, 2011. The estimated fair value using a discounted cash flow model of the contingent consideration at May 7, 2010 was $ 13.4 million and is included in the total purchase price. The Company has recorded and will record the fair value of the contingent consideration each reporting period based on Jigsaw's achievement of meeting its billing targets as it relates to the contingent consideration. The Company's estimated fair value of the contingent consideration at January 31, 2011 was $ 14.1 million. The change in fair value of contingent consideration is recorded in general and administrative expenses. The total preliminary purchase price and the fair value of the contingent consideration was allocated to the net tangible and intangible assets based upon their fair values as of May 7, 2010 as set forth below. The excess of the preliminary purchase price over the net tangible and intangible assets was recorded as goodwill. The following table summarizes the estimated fair values of the assets and liabilities assumed at the acquisition date. The primary areas of the preliminary purchase price allocation that are not yet finalized rel