NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The purchase price was allocated to the fair market value of assets acquired and liabilities assumed, as follows (in thousands): Description Amount Life Marketing rights $ 80 2 months Goodwill 2,947 — 3,027 Net fair value of tangible assets acquired, less liabilities assumed — Total purchase price $3,027 Pro forma information related to this acquisition is not presented, as the effect of this acquisition is not material. On January 31, 2003, the Company completed the sale of the assets and liabilities associated with the Aspen Metals products. These products were originally acquired by the Company in the December 2000 acquisition of Broner Systems. The Company will receive an aggregate of £300,000 ($494,000 as of January 31, 2003), to be paid in four semi-annual installments from June 2003 to January 2005. The Company recorded a loss on the sale of the net assets of $0.9 million, which was included in the restructuring and other charge as discussed Note 3. On May 31, 2002, the Company acquired Hyprotech Ltd. and related subsidiaries of AEA Technology plc (collectively, Hyprotech), a market leader in providing software and service solutions designed to improve profitability and operating performance for process industry clients by simulating plant design and operations. The Company acquired 100% of the outstanding capital of Hyprotech for a purchase price of approximately $105.0 million, consisting of $96.6 million in cash and $8.4 million in transaction costs. This acquisition was accounted for as a purchase, and accordingly, the results of operations from the date of acquisition are included in the Company's consolidated statements of operations commencing as of the acquisition date. The purchase price was allocated to the fair market value of assets acquired and liabilities assumed, as follows (in thousands): (b) Acquisitions During Fiscal Year 2002 Description Amount Life Purchased in-process research and development $ 14,900 — Goodwill 59,270 — Acquired technology 23,800 5 years Customer contracts 1,000 4 years 98,970 Net fair value of tangible assets acquired, less liabilities assumed 13,474 112,444 Less—Deferred taxes 7,440 Total purchase price $105,004 50