v3.22.4
Acquisitions
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Acquisitions Acquisitions
Mandiant Acquisition
On September 12, 2022 we closed the acquisition of Mandiant for a total purchase price of $6.1 billion, including cash and debt. The purchase price excludes post acquisition compensation arrangements. Mandiant's dynamic cyber defense, threat intelligence and incident response services are expected to enhance Google Cloud's security offerings. The financial results of Mandiant have been included within the Google Cloud segment as of the close of the acquisition.
The purchase price was allocated as follows (in millions):
Intangible assets$840 
Goodwill(1)
4,772 
Net assets acquired(2)
489 
Total purchase price$6,101 
(1)Goodwill was recorded in the Google Cloud segment and primarily attributable to synergies expected to arise after the acquisition. Goodwill is not deductible for tax purposes.
(2)Includes $706 million of acquired cash.
Intangible assets acquired as of the acquisition date were as follows:
Amount
(in millions)
Weighted-Average Useful Life
(in years)
Patents and developed technology$349 4.8
Customer relationships366 8.0
Trade names and other125 5.9
Total intangible assets$840