HPQ » Topics » Other acquisitions in fiscal 2008

This excerpt taken from the HPQ 10-K filed Dec 17, 2009.

Other acquisitions in fiscal 2008

        HP also completed eight other acquisitions and a minority interest purchase during fiscal 2008. Total consideration for the acquisitions and the minority interest purchase was $1.6 billion, which includes direct transaction costs, the fair value of stock options assumed and certain liabilities recorded in connection with these transactions. HP recorded $1.0 billion of goodwill, $600 million of purchased intangibles and $15 million of IPR&D related to these transactions.

        The largest of these transactions was the acquisition of Exstream Software, LLC, which has been integrated into HP's Imaging and Printing Group. The total purchase price paid was $720 million, which included direct transaction costs as well as certain debt that was repaid at the acquisition date. In connection with this acquisition, HP recorded $434 million of goodwill, $235 million of purchased intangibles and expensed $11 million for IPR&D. HP is amortizing the purchased intangibles on a straight-line basis over a weighted-average estimated life of 6.8 years.


Note 7: Goodwill and Purchased Intangible Assets

These excerpts taken from the HPQ 10-K filed Dec 18, 2008.

Other acquisitions in fiscal 2008

        HP also completed eight other acquisitions and a minority interest purchase during fiscal 2008. Total consideration for the acquisitions and the minority interest purchase was approximately $1.6 billion, which includes direct transaction costs, the estimated fair value of stock options assumed and certain liabilities recorded in connection with these transactions. HP recorded approximately $1.0 billion of goodwill, approximately $600 million of purchased intangibles and approximately $15 million of IPR&D related to these transactions.

        The largest of these transactions was the acquisition of Exstream Software, LLC, which has been integrated into HP's Imaging and Printing Group. The total purchase price paid was approximately $720 million, which included direct transaction costs as well as certain debt that was repaid at the acquisition date. In connection with this acquisition, HP recorded approximately $434 million of goodwill, $235 million of purchased intangibles and expensed $11 million for IPR&D. HP is amortizing the purchased intangibles on a straight-line basis over a weighted-average estimated life of 6.8 years.

Other acquisitions in fiscal 2008





        HP also completed eight other acquisitions and a minority interest purchase during fiscal 2008. Total consideration for the
acquisitions and the minority interest purchase was approximately $1.6 billion, which includes direct transaction costs, the estimated fair value of stock options assumed and certain
liabilities recorded in connection with these transactions. HP recorded approximately $1.0 billion of goodwill, approximately $600 million of purchased intangibles and approximately
$15 million of IPR&D related to these transactions.



        The
largest of these transactions was the acquisition of Exstream Software, LLC, which has been integrated into HP's Imaging and Printing Group. The total purchase price paid was
approximately $720 million, which included direct transaction costs as well as certain debt that was repaid at the acquisition date. In connection with this acquisition, HP recorded
approximately $434 million of goodwill, $235 million of purchased intangibles and expensed $11 million for IPR&D. HP is amortizing the purchased intangibles on a straight-line
basis over a weighted-average estimated life of 6.8 years.





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