22 ACQUISITIONS On December 14, 2014, Majesco entered into a definitive merger agreement with Cover-All. The merger was completed on June 26, 2015. Cover-All licenses and maintains software products for the property/casualty insurance industry throughout the United States and Puerto Rico. Majesco merged with Cover-All to expand its insurance business in the United States. The following table summarizes the consideration paid in the merger of Cover-All into Majesco and the amounts of identified assets acquired and liabilities assumed at the merger date: Fair value of consideration transferred Common stock $ 12 Additional paid-in capital 29,708 Total consideration $ 29,720 The merger of Cover-All and Majesco was a stock-for-stock merger with each share of Cover-All common stock issued and outstanding immediately prior to the merger converted into the right to receive the number of shares of Majesco common stock multiplied by the exchange ratio. The exchange ratio in the merger was 0.21641. Accordingly, at the closing of the merger, Cover-All in the aggregate represented 16.5% of the total capitalization of the combined company. In the merger, 5,844,830 shares of Majesco common stock were issued to the shareholders of Cover-All and 197,081 equity incentives were issued to the holders of options and restricted stock units of Cover-All. Consequently, common stock of Majesco is increased by $12 and additional paid in capital is increased by $29,708. Recognized amount of identifiable assets acquired and liabilities assumed Amount Cash $ 2,990 Accounts receivable 1,592 Prepaid expenses and other current assets 629 Property, plant and equipment 454 Other assets 148 Customer contracts 2,410 Customer relationships 4,460 Technology 3,110 Defer tax asset on NOL 459 Accounts payable (1,120 ) Accrued expenses (623 ) Deferred revenue (2,515 ) Capital lease liability (294 ) Total fair value of assets acquired 11,700 Fair value of consideration paid 29,720 Goodwill $ 18,020 The goodwill of? $18,020 arising from the merger consists