assets ( including trade receivables ) that are in the scope of the update .
asu 2016-13 also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees .
the guidance will become effective for us on january 1 , 2020 .
early adoption is permitted for periods beginning on or after january 1 , 2019 .
we are evaluating the effect of asu 2016-13 on our consolidated financial statements .
note 2 2014 acquisitions the transactions described below were accounted for as business combinations , which requires that we record the assets acquired and liabilities assumed at fair value as of the acquisition date .
on october 17 , 2018 , we acquired sicom systems , inc .
( 201csicom 201d ) for total purchase consideration of $ 409.2 million , which we funded with cash on hand and by drawing on our revolving credit facility ( described in 201cnote 8 2014 long-term debt and lines of credit 201d ) .
sicom is a provider of end-to-end enterprise , cloud-based software solutions and other technologies to quick service restaurants and food service management companies .
sicom 2019s technologies are complementary to our existing xenial solutions , and we believe this acquisition will expand our software-driven payments strategy by enabling us to increase our capabilities and expand on our existing presence in the restaurant vertical market .
prior to the acquisition , sicom was indirectly owned by a private equity investment firm where one of our board members is a partner and investor .
his direct interest in the transaction was approximately $ 1.1 million , the amount distributed to him based on his investment interest in the fund of the private equity firm that sold sicom to us .
based on consideration of all relevant information , the audit committee of our board of directors recommended that the board approve the acquisition of sicom , which it did .
the provisional estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed as of december 31 , 2018 , including a reconciliation to the total purchase consideration , were as follows ( in thousands ) : .

Cash and cash equivalents
$7,540
Property and equipment
5,943
Identified intangible assets
188,294
Other assets
22,278
Deferred income taxes
(48,448)
Other liabilities
(31,250)
Total identifiable net assets
144,357
Goodwill
264,844
Total purchase consideration
$409,201

as of december 31 , 2018 , we considered these balances to be provisional because we were still in the process of determining the final purchase consideration , which is subject to adjustment pursuant to the purchase agreement , and gathering and reviewing information to support the valuations of the assets acquired and liabilities assumed .
goodwill arising from the acquisition of $ 264.8 million , included in the north america segment , was attributable to expected growth opportunities , an assembled workforce and potential synergies from combining our existing businesses .
we expect that approximately $ 50 million of the goodwill from this acquisition will be deductible for income tax purposes .
74 2013 global payments inc .
| 2018 form 10-k annual report .

Question: Analyse this data from a financial earnings document. what percentage of total purchase consideration is composed of goodwill?
Choices:
-264843.35278
108374429644
0.64722
0.35278
0.00018
Correct choice index: 2