Business Combinations 2017 Business Combination DxContinuum On January 20, 2017, we completed the acquisition of a privately-held company, DxContinuum, Inc. (DxContinuum), by acquiring all issued and outstanding common shares of DxContinuum for approximately $15.0 million in an all-cash transaction to enhance the predictive capabilities of our solutions. The following table summarizes the allocation of the purchase price to the fair value of the tangible and intangible assets acquired and liabilities assumed as of the acquisition date: Purchase Price Allocation (in thousands) Useful Life (in years) Net tangible assets acquired $ 37 Intangible assets: Developed technology 6,400 5 Goodwill 11,159 Net deferred tax liabilities (1) (2,561 ) Total purchase price $ 15,035 (1) Deferred tax liabilities, net primarily relates to purchased identifiable intangible assets and is shown net of deferred tax assets. The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill. We believe the goodwill represents the synergies expected from expanded market opportunities when integrating DxContinuum technologies with our offerings. The goodwill balance is not deductible for income tax purposes. The results of operations of DxContinuum have been included in our condensed consolidated financial statements from the date of purchase. The business combination did not have a material impact on our condensed consolidated financial statements, and therefore historical and pro forma disclosures have not been presented. 2016 Business Combinations BrightPoint Security On June 3, 2016, we completed the acquisition of a privately-held company, BrightPoint Security, Inc. (BrightPoint), by acquiring all issued and outstanding common shares of BrightPoint for approximately $19.6 million in an all-cash transaction to expand our Security Operations solutions. The following table summarizes the allocation of the purchase price to the fair value of the tangible and intangi