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Amortization and Impairment Testing of Identifiable Intangible Assets During the year ended July 30, 2016, Cisco Systems, Inc. acquired the following identifiable intangible assets
Amortization and Impairment Testing of Identifiable Intangible Assets During the year ended July 30, 2016, Cisco Systems, Inc. acquired the following identifiable intangible assets through its purchase of two companies (in thousands): Limited Lives Indefinite Lives Technology Customer Relationships IPRAD Acquired Company (in thousands) Lancope, Inc Useful life (in years) Amount Useful life (in years) 5 $79.000 6 Jasper Technologies, Inc 6 240.000 7 Amount $29.000 75.000 Amount $121,000 23.000 Cisco acquired Lancope, Inc. in December 2015, and Jasper Technologies, Inc. in March 2016. Cisco separately tests identifiable intangibles acquired from each company for impairment, Technology Sum of expected expected Customer Relationships IPRED Sum of Sum of expected Sum of Sum of Sum of expected expected expected Acquired Company cash flows $20,000 cash flows undiscounted discounted undiscounted discounted undiscounted cash flows cash flows cash flows $25.000 0.000 (in thousands) Lancope, Inc $70,000 $65.000 Jasper Technologies inc 200.000 150.000 65.000 $130,000 30.000 discounted cash flows $105.000 26.000
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