eBay acquired all of the common stock of Skype Technologies SA on October 14, 2005, for $2,590 million. eBay identified the following tangible net assets and intangible assets acquired and measured those items initially at their fair value:
|
Tangible Assets Net of Liabilities |
$ (20) |
|
Identifiable Intangible Assets: |
|
|
Customer List and User Base |
27 |
|
Trade Names and Trademarks |
244 |
|
Developed Technologies |
8 |
|
Network Access Agreements |
1 |
|
Goodwill |
2,330 |
|
Total |
$2,590 |
The amount of goodwill represents the excess of the total purchase price over the fair value of identifiable tangible and intangible net assets. Goodwill refers to other unidentifiable assets, such as operating synergies or a trained labor force, acquired in a business combination.