Acquisitions |
12 Months Ended | ||
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Jan. 31, 2019 | |||
Business Combinations [Abstract] | |||
Acquisitions |
In fiscal 2017, we acquired 100% of the outstanding shares of DCC Labs in exchange for an aggregate of $2.7 million in newly issued shares of our common stock and $5.2 million in cash, net of cash acquired, resulting in a total net purchase price of $7.9 million. DCC Labs is a developer of set-top and multiscreen device software. On February 6, 2019, we acquired 100% of the outstanding shares of Xstream A/S in exchange for an aggregate of $0.9 million in shares of our common stock and $4.6 million in cash, resulting in a total purchase price of $5.5 million. Xstream is an OTT video and TV cloud platform provider that serves more than five million active subscribers globally (see Note 15). |
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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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