Annual report pursuant to Section 13 and 15(d)

Related Party Transactions

v3.10.0.1
Related Party Transactions
 12 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
NOTE 18 — RELATED PARTY TRANSACTIONS
During the fiscal years ended June 30, 2018, 2017 and 2016, the Company purchased from, or sold to, several entities, where one or more executive officers of the Company or members of the Company’s Board of Directors, or their immediate family members were, during the periods presented, an executive officer or a board member of a subsidiary, including Citrix Systems, Inc., Integrated Device Technology, Inc., Juniper Networks, Inc., Keysight Technologies, Inc., MetLife Insurance K.K., NetApp, Inc., and Proofpoint, Inc.
The following table provides the transactions with these parties for the indicated periods (for the portion of such period that they were considered related):
 
Year ended June 30,
(In thousands)
2018
 
2017
 
2016
Total revenues
$
474

 
$
16

 
$
8

Total purchases(1)
$
14,723

 
$
1,048

 
$
983

________________ 
(1) On April 2, 2018, the Company acquired a product line from Keysight Technologies, Inc. (“Keysight”) for total purchase consideration of $12.1 million, and entered into a transition services agreement pursuant to which Keysight provides certain manufacturing services to the Company for a period of six months from April 2, 2018. The Company recorded the manufacturing services fees under the transition services agreement within cost of revenues, which was immaterial for the fiscal year ended June 30, 2018.
 The Company’s receivable and payable balances from these parties were immaterial at June 30, 2018 and 2017.