VMWARE, INC. | 2013 | FY | 3

On April 1, 2013, VMware contributed the following assets to Pivotal and Pivotal assumed the following liabilities from VMware, which were included in VMware’s consolidated balance sheet as of March 31, 2013 (table in thousands):
Accounts receivable
$
4,269

Property and equipment
1,370

Intangible assets
27,657

Goodwill
28,445

Total assets
61,741

Accounts payable and accrued liabilities
(5,526
)
Unearned revenues
(71,190
)
Total liabilities
(76,716
)
Total liabilities, net assumed by Pivotal
$
(14,975
)

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