Business Acquisitions Point Grey Research, Inc. On November 4, 2016, the Company closed a transaction to acquire the assets of Point Grey Research Inc. (Point Grey), a global leader in the development of advanced visible imaging cameras and solutions that are used in industrial automation systems, medical diagnostic equipment, people counting systems, intelligent traffic systems, military and defense products, and advanced mapping systems, for approximately $259.2 million in cash, subject to customary post-closing adjustments. The Company has performed a preliminary purchase price allocation which resulted in an allocation of $39.8 million to identifiable intangible assets and $183.7 million to goodwill which has been recorded in the Companys OEM &amp; Emerging Markets segment. The preliminary allocation of the purchase price for Point Grey is as follows (in thousands): Cash acquired $ 2,994 Other tangible assets and liabilities, net 35,127 Net deferred taxes (2,438 ) Identifiable intangible assets 39,800 Goodwill 183,678 Total purchase price $ 259,161 The allocation of the purchase price related to this acquisition is preliminary and is based on managements judgments after evaluating several factors, including preliminary valuation assessments of tangible and intangible assets, and preliminary estimates of the fair value of liabilities assumed. The primary areas of the preliminary purchase price allocation that are not yet finalized relate to the valuation of the identifiable intangible assets, property and equipment, and certain other tangible assets and liabilities. The preliminary goodwill of $183.7 million represents future economic benefits expected to arise from synergies from combining operations and the ability of Point Grey to provide the Company domain knowledge and distribution channels in adjacent markets. In connection with the preliminary allocation of purchase price to the assets acquired and liabilities assumed, the Company identified certain intangible assets. The following table presents th