Publicly traded provider of technology-based solutions for government and commercial customers – including communication products and systems, intelligence solutions, and managed services
We assisted with the following projects:
- Purchase price allocation for a multi-billion-dollar acquisition for reporting associated with ASC 805. Our analysis included the valuation of intangible assets, fixed assets, real estate, inventory, and deferred revenue for over twenty separate acquired subsidiaries.
- Impairment testing associated with goodwill and long-lived assets for a major reporting unit as part of reporting for ASC 350 and ASC 360. This project involved the analysis of intangible and fixed assets as part of Step Two goodwill impairment procedures – and included the valuation of developed technology, customer relationships, and a trade name.
- Valuation of over 30 interests in a variety of domestic and international subsidiaries – including operating entities, companies which own intellectual property, and sales-focused entities – for tax planning and reporting associated with corporate restructuring.
- As part of the divestiture of certain operations, valuation of various businesses to assist with the allocation of goodwill at various dates.
Financial reporting projects reviewed by Ernst & Young
Publicly traded developer of networking platforms
We assisted with goodwill impairment testing related to two reporting units.
Reviewed by KPMG
Publicly traded provider of network security solutions
We assisted with purchase price allocation work for an acquisition for reporting related to ASC 805. Our analysis included calculations related to an earn-out, developed technology, in-process research and development, customer relationships, and deferred revenue.
Reviewed by Deloitte & Touche
Privately held company with over $1 billion in revenue focused on developing infrastructure management solutions for datacenter, enterprise, and industrial environments
We assisted with the valuation of intangible assets. Assets valued included developed technology, customer relationships, and a trade name.
Reviewed by Grant Thornton
Privately held developer of broadband television solutions
We assisted with valuation calculations associated with a customer-related asset for use by management for planning and negotiations related to a potential acquisition.
Publicly traded telecommunications service provider
We assisted with the valuation of intangible assets (subscribers and wireless licenses) and fixed assets associated with a joint venture.
Reviewed by PricewaterhouseCoopers
Telecommunications provider with more than 15 million customers in the U.S.
We valued certain intangible assets (including wireless licenses and a subscriber base) as part of state property tax reporting. Our analysis resulted in savings of approximately $14 million in property taxes.
Publicly traded developer and manufacturer of wireless networking products and solutions
As part of tax reporting related to a $500 million acquisition, we assisted with the following:
- Valuation of intangible assets by major operating segment as part of the transfer of certain assets to Singapore. Specific assets valued included developed technology, in-process research and development, contracts / customer relationships, and trade names.
- Analysis and valuation of non-competition agreements related to two senior executives for Section 280G reporting purposes.
Publicly traded communications equipment company
We assisted with the following projects:
- Purchase price allocation work for three acquisitions for reporting related to ASC 805. For two acquisitions, we also developed intangible and fixed asset values for each of the target's major international entities for tax reporting purposes.
- Consulting related to the values associated with certain intellectual property contributed to a joint venture.
- A valuation analysis for tax reporting purposes in conjunction with the transfer of assets among certain legal entities.
Financial reporting projects reviewed by Ernst & Young
Publicly traded mobile voice and data communications provider
We assisted with the valuation of an interest rate cap utilizing the Black-76 model for financial reporting purposes.
Reviewed by Crowe Horwath
Publicly traded telecommunications company
We assisted with the purchase price allocation (including the valuation of intangible and fixed assets) for a major acquisition (over $1 billion in total purchase price) for compliance with ASC 805.
Reviewed by PricewaterhouseCoopers