Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Summary of Acquisition Activity
The Company acquired two intangible assets in 2021
and two businesses in 2020
. The related consideration was as follows:
 
 
  
Year ended December 31,
 
 
 
 
  
2021
  
2020
 
 
     
Cash Consideration
Businesses acquired
  
-
  
 166
Less: Cash acquired
  
-
  
 (4)
Businesses acquired, net of cash
  
-
  
 162
Investments in businesses
  
12
  
 1
Asset acquisitions
(1)
  
3
  
 -
Contingent consideration payments
  
3
  
 4
 
 
  
18
  
 167
Summary of Brief Description of the Acquisition
The following describes the acquisitions completed during
2020
:
 
  Date
   
Company
   
Acquiring Segments
   
Description
  March 2020    Pondera Solutions    Legal Professionals    A provider of technology and advanced analytics to combat fraud, waste and abuse in healthcare and large government programs.
  August 2020    CaseLines, now known as Case Center    Legal Professionals    A provider of a cloud-based, evidence sharing platform that allows courts, law enforcement, prosecutors and legal practitioners to digitally collaborate, share and participate in virtual and physical court proceedings.
Summary of Net Assets Acquired
 
  
Year ended December 31,
 
 
       
  
  
  
  
2020
 
  
Cash and cash equivalents
  
 
  
 4
 
 
Trade receivables
  
 
  
 4
 
 
Prepaid expenses and other current assets
  
 
 
  
 1
 
 
 
Current assets
  
 
  
 9
 
 
Computer software
  
 
  
 25
 
 
Other identifiable intangible assets
  
 
 
  
 23
 
 
 
Total assets
  
 
 
  
 57
 
 
 
Payables and accruals
  
 
  
 (7)
 
 
Deferred revenue
  
 
  
 (6)
 
 
Other financial liabilities
  
 
 
  
 (2)
 
 
 
Current liabilities
  
 
  
 (15)
 
 
Provisions and other
non-current
liabilities
  
 
  
 (2)
 
 
Deferred tax
  
 
 
  
 (7)
 
 
 
Total liabilities
  
 
 
  
 (24)
 
 
 
Net assets acquired
  
 
  
 33
 
 
Goodwill
  
 
 
  
 133
 
 
 
Total
  
 
 
  
 166