v3.25.0.1
Business Combinations
12 Months Ended
Dec. 31, 2024
Business Combinations [Abstract]  
Business Combinations Business Combinations
Acquisition of TCGplayer

In the first quarter of 2023, we recognized measurement period adjustments related to the revised valuation of the intangible assets associated with the acquisition of TCGplayer, a trusted marketplace for collectible card game enthusiasts. The following table presents the revised allocation of the aggregate purchase consideration (in millions):

TCGplayer
Goodwill$144 
Purchased intangible assets109 
Deferred taxes(18)
Total$235 

The goodwill recognized is primarily attributable to expected synergies and the assembled workforce of TCGplayer. We generally do not expect goodwill to be deductible for income tax purposes.

Our consolidated financial statements include the operating results of the acquired business from the date of acquisition. Separate operating results and pro forma results of operations for the acquisition above have not been presented as the effect of this acquisition is not material to our financial results.