RFMD » Topics » Tangible assets acquired and liabilities assumed

This excerpt taken from the RFMD 8-K filed Jan 25, 2008.
Tangible assets acquired and liabilities assumed
RFMD has estimated the fair value of tangible assets acquired and liabilities assumed.  These estimates are based on a valuation dated as of November 13, 2007 and are subject to further review by management. 

Identifiable intangible assets
RFMD has estimated the fair value of the acquired identifiable intangible assets, which are subject to amortization, using the income approach.  These estimates are based on a preliminary valuation and are subject to further review by management. The following table sets forth the components of these intangible assets and their estimated useful lives (dollars in thousands):

Fair Value

Estimated Useful Life

Developed technology



7 years

In-process research and development


Order backlog


12 weeks

Customer relationships


10 years


"Tangible assets acquired and liabilities assumed" elsewhere:

Exar (EXAR)
TriQuint Semiconductor (TQNT)
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