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Trying to figure out if this part (on what $15 mill bought EA) is a joke: Current Assets: $1 million Long-term assets: $1 million Acquired in-process tec
by aston 18y ago
Trying to figure out if this part (on what $15 mill bought EA) is a joke:
Current Assets: $1 million
Long-term assets: $1 million
Acquired in-process technology: $1 million
Goodwill: $9 million
Finite-lived intangibles: $6 million
Liabilities: ($3 million)
Goodwill? Finite-lived intangibles? And what were the liabilities that somehow led to cashflow into EA from Rupture/ThreeSF?
- deleted 18y ago[deleted]
- dats 18y agoIt's not a joke. From the latest 10-Q linked in the article: Finite-lived intangibles include developed and core technology, carrier contracts, trade name, and subscribers.
- imp 18y agoThanks, I was wondering the same thing myself.
- ericb 18y agoIf you're not familiar with Goodwill, it is used to account for amounts paid over and above the book value of what was purchased. So if Coke bought Pepsi for 300 million, and Pepsi had a book value of 100 million in Pepsi's internal accounting, Coke would show 200 million in goodwill on it's books, IIRC.