ACQUISITION (Tables)
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9 Months Ended | ||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2014
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CyberFone Systems
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Net purchase price paid, assets and liabilities |
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Selene [Member]
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Net purchase price paid, assets and liabilities |
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Clouding [Member]
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Net purchase price paid, assets and liabilities |
The Company accounted for the acquisition as a business combination in accordance with ASC 805 Business Combinations. The Company engaged a third party valuation firm to determine the fair value of the assets purchases, and the net purchase price paid by the Company was subsequently allocated to assets acquired and liabilities assumed on the records of the Company as follows:
Total consideration paid of the following:
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T L I [Member]
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Net purchase price paid, assets and liabilities |
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