Other Acquisitions in 2010 2009 Acquisitions Equity research and data business of C.P.M.S. Computerized  Portfolio Management Services Inc. We also completed two other acquisitions in 2010: The purchase price allocation includes $2,580,000 of acquired intan- gible assets, as follows: Approximately $260,000 of the intangible assets is deductible for  income tax purposes over a period of approximately 15 years from  the acquisition date. The recorded goodwill amount of $3,972,000 for Footnoted and Seeds  represents the premium we paid over the fair value of the net tan- gible and intangible assets we acquired. For Footnoted, we paid  this premium for a number of reasons, including the strategic ben- efits of offering Footnoted’s unique research with Morningstar’s  investor-centric content on Morningstar.com. For Seeds, we paid  this premium for a number of reasons, including expanding our  investment consulting services and expertise in alternative invest- ments to enhance our fund-of-funds investment management capa- bilities in France. Approximately $494,000 of the goodwill is deductible for income  tax purposes over a period of approximately 15 years from the acqui- sition date. The combined purchase price for these two acquisitions was  $6,162,000, less acquired cash. For these two acquisitions, the following table summarizes our  allocation of the purchase price to the estimated fair values of the  assets acquired and liabilities assumed at the dates of acquisition: In May 2009, we acquired the equity research and data business  of C.P.M.S. Computerized Portfolio Management Services Inc. (CPMS)  for $13,885,000 in cash. CPMS tracks fundamental equity data for  approximately 4,000 securities in the United States and Canada  and provides earnings estimates for Canadian stocks. In addition,  CPMS’ flagship software platform, the Equity Market Service, fully  integrates fundamental and expected earnings data to generate a  wide range of applications such as stock, industry, and market  analysis; construction of long and short strategies with its propri- etary ranking and screening system; stock and portfolio sensitivity  analysis; and portfolio analytics. CPMS’ equity research and data U  Footnoted business of Financial Fineprint Inc.: In February 2010,  we acquired the Footnoted business of Financial Fineprint Inc.  (Footnoted), a blog for professional money managers, analysts,  and individual investors. Footnoted Pro, a service for institutional  investors, provides insight on actionable items and trends in SEC  filings. The acquisition includes the Footnoted.org website and  the Footnoted Pro service. We began including the financial results  of this acquisition in our Consolidated Financial Statements on  February 1, 2010. U  Seeds Group: In July 2010, we acquired Seeds Group (Seeds), a  leading provider of investment consulting services and fund  research in France. Through its subsidiary Seeds Finance, Seeds  provides investment consulting services and specializes in asset  liability management, manager selection, plan construction, risk,  and portfolio management in alternative investments and active  strategies. Its subsidiary, Multiratings.com, provides a fund  research and investment education website for advisor groups  and institutions. We began including the financial results of this  acquisition in our Consolidated Financial Statements on July 1, 2010. Morningstar, Inc. 2010 Annual Report 119 Weighted  Average Useful Life  ($000)  (years) Customer-related assets  $ 1,750  10 Technology-based assets  451  4 Intellectual property (trademarks and trade names)  379  10 Total intangible assets  $ 2,580  9  ($000) Cash  $ 1,442 Accounts receivable  828 Other current assets  111 Other non-current assets  179 Intangible assets   2,580 Goodwill   3,972 Deferred revenue (159) Accounts payable, accrued liabilities, and other current liabilities (576) Deferred tax liability—non-current  (773) Total purchase price  $ 7,604