NDAQ » Topics » Purchase Acquisition

This excerpt taken from the NDAQ 10-Q filed Nov 9, 2007.

Purchase Acquisition

On July 2, 2007, we acquired Directors Desk LLC, a privately held, Washington-based firm which provides technology to boards of public and private companies in the U.S. and abroad for $8.0 million in cash. Directors Desk is part of our Issuer Services Segment.

The following table presents a summary of the Directors Desk acquisition:

 

Purchase

Consideration

  Total Net (Liabilities)
Acquired
  Purchased
Intangible Assets
  Goodwill
(in thousands)
$8,000   $(162)   $1,660   $6,502

The condensed consolidated financial statements include the operating results from the date of acquisition.

 

7


Table of Contents

The following table presents the details of the purchased intangible assets acquired in the Directors Desk acquisition:

 

Technology   Customer Relationships   Total
Estimated
Useful Life
(in Years)
  Amount   Estimated
Useful Life
(in Years)
  Amount   Amount
(in thousands, except years)
4.5   $750   20   $910   $1,660
This excerpt taken from the NDAQ 10-Q filed May 10, 2006.

Purchase Acquisition

 

In February 2006, we acquired Shareholder.com, a privately held, Massachusetts-based firm specializing in shareholder communications and investor relations intelligence services, for $40.0 million in cash, subject to post-closing adjustments. Shareholder.com will operate as a wholly-owned subsidiary.

 

The following table presents a summary of the Shareholder.com acquisition:

 

Purchase
Consideration


   Total Net (Liabilities)
Acquired


    Purchased
Intangible Assets


   Goodwill

     (in thousands)     

$ 40,000

   $ (2,069 )   $ 10,159    $ 31,910

 

The purchase price allocation for the Shareholder.com acquisition will be finalized within one year from the purchase date. We expect future adjustments related to taxes and settlement of post-closing adjustments. The condensed consolidated financial statements include the operating results from the date of acquisition.

 

EXCERPTS ON THIS PAGE:

10-Q
Nov 9, 2007
10-Q
May 10, 2006
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki