Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

von Internet Capital: Govdelivery.

http://www.govdelivery.com/newsletter/0110/federal_0110.html

Internet Capital hält 89% an Govdelivery, das ich für besonders aussichtsreich halte, da der öffentliche Bereich nach meinen Beobachtungen den niedrigsten Durchdringungsgrad von allen Sektoren hat und die Marktchancen in diesem Bereich gigantisch sind.  

StarCite provides the world's leading online meetings management platform, delivering value to both meeting buyers and suppliers.

Our Customers

StarCite currently works with more than 30 percent of the Fortune 500; 8 of the 10 largest pharmaceutical firms; 10 of the 10 largest technology companies; and, 10 of the 10 largest financial services companies.

Ten of the largest travel management companies use StarCite as their meetings procurement solution. These include American Express Business Travel, BCD, Carlson Wagonlit Travel, Experient, Helms Briscoe, ConferenceDirect, and Maritz.

StarCite is the single largest group lead generation source for the hotel and hospitality industry. StarCite technology is used to power the e-commerce websites of several major brands including Hilton, Hyatt, Wyndham and others.

More than 93,000 meeting venues and suppliers are active members of the StarCite Global Online Marketplace.  

wert ist, könnt Ihr im folgenden lesen. Internet Capital ist mit 64% an ICGCommerce beteiligt = allein schon 320 Millionen durch dieses eine Beteiligung, was schon über der momentanen Marktkapitalisierung liegt. Kostenlos dazu gibt es ca. 150 Millionen Cash/Wertpapiere und die anderen Beteiligungen neben ICGCommerce.

Capgemini and IBX deal to shake up procurement outsourcing

Posted on Tuesday, February 2

by David Rae

While not quite on the scale of Kraft Foods' acquisition of Cadbury, news that Capgemini is to acquire Swedish procurement technology company IBX is, in its own way, a fascinating development which points to interesting times ahead for the procurement outsourcing space.

According to Hubert Giraud, global leader of Capgemini BPO, the deal means that potential clients only need seek a single partner for procurement outsourcing. "Not only does the fully integrated approach achieve significant savings faster, the required investment to recognise and achieve the saving is also less," he says.

This maybe true, but the likes of Accenture or IBM would argue that by partnering with technology companies such as Ariba and Emptoris, they are in a similarly strong position. They could also argue that, in the long term, they will benefit from the advantages an independent company brings (more focus and innovation, for example).

But if we were to don the speculative hat for a moment, could this finally be the move which triggers a wave of consolidation in the e-procurement and sourcing space?

With outsourcing/consulting firms potentially in the market to pick off specialist e-procurement players, traditional enterprise software vendors could well be forced into a move. Oracle's strategy has always been growth by acquisition. SAP's has always been organic, a trend which shifted with its acquisition of Business Objects a couple of year's ago.

But SAP already has a relationship with IBX where the latter provides some enabling capabilities for SAP software; while SAP sells on-demand technology provided by IBX (and Hubwoo, as it happens). Oracle is also a player, with its own on-demand procurement solution.

Currently, it's all a bit of a mess, with lots of small IT providers partnering with the giant software, outsourcing and consulting vendors.

But the Capgemini/IBX deal shows that at least one giant consulting and outsourcing vendor has seen the potential rewards that on-demand e-procurement can bring to its offering. And that could shake things up nicely.





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Reader Comments (3)
David - thanks for the update. As companies think about core competencies, it will be interesting to see how this combination evolves. I have always considered systems integrators and consulting firms to have a core competence unrelated to building commercial world-class software applications. Will potential customers value a vendor that does both under one roof? Or will a partnership of best in class consulting with best in class software prevail? I guess we will find out over time.

Kevin Potts
VP of Product Management
Emptoris
Blog: http://emptorisinc.blogspot.com
February 2, 2010 | Kevin Potts
David- whilst the general BPO's are looking for new revenue streams; I wonder about the impact on dedicated procurement outsourcers. It may be that those that blazed the territory get left at the pass.
February 3, 2010 | Will Pleva
David - Thanks for the insight. I think eProcurement has traversed through a natural hype curve and is now reaching a point of inflexion where customers are desperate to realize its full potential and expecting service providers to provide assurance on sustainable savings. This is a clear indication of industry moving in the direction of ‘outcome based’ model where in service providers have to leverage technology in delivering the value instead of being just a fence sitter.
February 12, 2010  

http://en.chinasourcing.org.cn/content2.jsp?id=3835  

http://www.freeborders.com/CorpVideo.html

Internet Capital hält 31% an Freeborders.  

aus meiner Sicht eine gute Entscheidung, wie die folgenden Nachrichten über diese Neuerwerbung zeigen:

New Clients for Acquirgy     12-Feb-10 04:35 pm     Internet Capital owns 25% of Acquirgy.

press release
Jan. 27, 2010, 8:19 a.m. EST · Recommend · Post:

Acquirgy(TM) Announces New Client Wins



ST. PETERSBURG, Fla., Jan 27, 2010 (BUSINESS WIRE) -- Acquirgy(TM), a premier direct marketing agency announced that it has been engaged by five new clients taking full advantage of their comprehensive services, including:

-- Gevalia(R), a wholly owned subsidiary of Kraft Foods Inc., has engaged acquirgy to develop and implement a national DRTV campaign for their home delivery coffee service. The campaign is currently being tested nationally.

-- Semprae Laboratories, Inc. is the manufacturer of Zestra(R), a patented, safe and unique botanical formulation to improve satisfaction for women, has engaged acquirgy as a strategic consulting firm to assist with DRTV media and home shopping distribution.

-- WhiteFence(TM), a free service that helps people who are moving or looking to find the best deals on phone, Internet, television, electricity, natural gas and other home services, has engaged acquirgy for strategic consulting and to develop Digital Video for deployment on their websites.

-- Miles Kimball, a leader in the catalog business offering cards, gifts, helpful household items, and unique food products has engaged acquirgy to exclusively manage their Search Engine Marketing program.

-- Euro-Pro, a global pioneer in developing and marketing innovative consumer products has engaged acquirgy to create and produce two new infomercial campaigns for their innovative products slated for release in 2010.

Paul Soltoff, CEO commented, "Direct Marketing is the Driving Force that defines who we are and everything we do! Our Unequalled Direct Marketing Expertise, knowledge base, ingenuity, account service, and proprietary technologies continue to draw clients seeking to accelerate the acquisition of customers."

SOURCE: Acquirgy(TM)


Acquirgy
Irv Brechner, 732-321-1924
irv@acquirgy.com  

in die Diskussion kommt bzw. angedacht wird, wird es höllisch abgehen:

http://messages.finance.yahoo.com/...63224&tof=1&frt=2#263224  

die aktie neu bewertet.
total unterbewertet
meine meinung  

http://www.youtube.com/user/StarCiteCorporate#p/a/u/1/761XQzMa5d4

Internet Capital hält 36% an Starcite. In 2009 dürften die Umsätze von etwas über 50 Millionen Dollar stagniert haben, aber in 2010 ist wieder ordentliches Wachstum angesagt, sodass wir mindestens bei 60 Millionen Dollar landen werden.  

Genpact könnte mit einer Marktkapitalisierung von 3,36 Milliarden den Kauf von ICGCommerce sicher stemmen, insbesondere wenn in Aktien bezahlt würde. Übrigens hat Genpact auf der Basis des letzten Quartals eine Bewertung, die dem dreifachen Umsatz entspricht:

http://finance.yahoo.com/q/is?s=G

Da die Umsätze von ICGCommerce schneller wachsen als die von Genpact, müsste wohl für ICGCommerce das Vierfache des Umsatzes fällig sein. Auf der Basis des kommenden vierten Quartal gehe ich da von 90 Millionen aus, was einen Wert von ICGCommerce von 360 anzeigen würde. Ob das ausreicht, hängt davon ab, ob nicht auch noch andere Bieter auftauchen, von denen es sicher viele geben wird. Daher werden wir eher zwischen 400 und 450 Millionen landen. Interner Capital hält 64% an ICGCommerce.  

schon höher als die Marktkapitalisierung. 150 Millionen Cash/Wertpapiere und das Hauptgeschäft, die privaten Beteiligungen (mit Ausnahme eben von Internet Capital) gibt es dann umsonst.  

Channelintelligence:

http://www.wftv.com/news/21764668/detail.html

Internet Capital hält 50% an Channelintelligence.

www.channelintelligence.com  

wenn es zu einer Monetarisierung bei ICGCommerce kommen wird, wie immer die auch aussehen wird. Denn selbst wird hier nicht Cash bezahlt werden sollte, sondern mit Aktien eines größeren Unternehmens wie z.B. Genpact, muss man dann nur die Aktienzahl mit dem jeweiligen Kurs multipizieren um den Gegenwert dieser Aktiva zu ermitteln.

http://messages.finance.yahoo.com/...63224&tof=4&frt=2#263224  

Internet Capital 31% hält:

John Wagster
Executive VP and General Counsel
Freeborders, Inc.



How long have you been in business in Nashville?

Freeborders was founded in 2000 and has had an office in Nashville since that time. We maintain employees on site with many of our customers around the world, but our headquarters is in San Francisco, and we have main offices in New York City, Manchester (UK), Hong Kong, Shenzhen and Wuxi, China.

What does your company or organization do best?

Freeborders provides technology consulting services locally and outsourcing globally specializing in the financial services, health care, travel and high tech industries. We offer a full suite of services encompassing all phases of a product lifecycle including: strategy, design, development, implementation, integration and testing. The thing that separates us from other technology companies is our delivery model, Chindus™, through which we almost always combine a local presence and subject matter expertise with a highly skilled backend in China. We are the only US-based company in China delivering western quality services using western contracts and delivery methods to clients in the US and Europe.

What is one interesting fact about your company?

Freeborders began as a software company licensing a suite of Product Lifecycle Management solutions that we built in our delivery centers in China. We turned to outsourcing when we realized our customers were more interested in using our skilled Chinese developers than they were in licensing our software.

What new technology product or service are you the most excited about?

Freeborders is excited to see the healthcare industry beginning to adopt e-healthcare solutions to handle the crucial functions of healthcare including the transmission of medical information, medical financial data and claims among healthcare providers, payers and patients. Freeborders has considerable experience developing rapid data exchange solutions in the financial services and travel industries and is glad to see the healthcare industry moving in the same direction.

Who is the most interesting person you have ever met?

That’s a tough one. It’s tempting to name business icons and political leaders, but I think I am most impressed by some of the refugees from Rwanda and Sudan who have immigrated to Nashville over the last few years. They have abandoned everything they have ever known to take a chance on a new and better life in the United States. Without exception they learn over time that life in the US can be as difficult or more difficult than what they have experienced in their home countries, but the opportunities here are vastly superior. Also without exception, these new arrivals cite education as the number one determining factor in their ability to assimilate and succeed, and they pursue it with a vengeance. At Freeborders we try to emulate that desire for self-improvement and strive to provide the best possible service for our customers  

http://www.metastorm.com/library/mediakit/...n_Kürze_Deutsch_0509.pdf  

charttechnisch jetzt hochinteressant  

Frankenking maybe try the MIRROR     19-Feb-10 02:55 pm     Frankenking instead of wasting all of your time writing to yourself why not try talking to yourself in the MIRROR! Don't you ever get paranoid answering your own messages 24/7 and praying you can get back what you've lost to this point in ICGE stock. LOL Rating :
(No ratings)Rate it:      mittsman08


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  Re: Frankenking maybe try the MIRROR     19-Feb-10 03:20 pm     ....not sure, if you are right...Flanking will imo be the laughing one in the end...ICGE is tremendously undervalued...look at IGLD...was trading in similar range and then ignited, with target of 45!! this may happen fairly quickly with ICGE as well...imagine that the announce the sale of their stake in ICG Commerce and the stock doubles or triples within a day! So, be careful with what you say...  

Internet Capital Group Inc. (ICGE) Maintains A Buy Rating

Analysts at Janney Capital Markets have maintained a Buy rating for Internet Capital Group Inc. (NASDAQ: ICGE). The fair value estimate for Internet Capital Group stock has been maintained at $11.

Internet Capital Group Inc. announced a sale of 780,000 shares in Blackboard Inc. (NASDAQ: BBBB) for about $35 million so far this year, according to the report. Internet Capital Group also sold close to 170,000 shares of Blackboard Inc. 4Q09 for $7 million. Internet Capital Group also announced the buyback of 400,000 shares at $5.79 per share according to the report.

According to analysts, Internet Capital Group has extensive NOLs remaining. The capital gains realized from the sales of Blackboard will therefore not trigger any new taxes, according to analysts. This will allow Internet Capital Group to realize the full $42 million from the Blackboard shares sales. Internet Capital Group’s cash balance benefits by more than $39 million net of buybacks.  

dürfte Euch nicht weiter verwundern, denn Ihr wisst ja, dass ich spätestens bei der Monetarisierung von Metastorm und ICGCommerce von $20 ausgehe und nach der Monetarisirung von Starcite und Freeborders einen Kurs von $30 für realitisch halte.  

werden wir am Donnerstag mehr erfahren. Von den wichtigsten der nachstehenden sieben werden wir auch etwas über die Einzelumsätze erfahren, vermutlich bei den bald zur Monetarisierung anstehenden ICGCommcerc und Metastorm. Auf jeden Fall werden wir etwas über den Gesamtumsatz erfahren, der sich aus meiner Aufstellung als 72,5 Millionen ergibt. Das kann man im Voraus gut abschätzen - bis auf einer Abweichung von plus/minus 5% könnt Ihr mich auf diese 72,5 Millionen festnageln.  

zum letzten Posting:

Revenues of Core-Partner-Companies in the 4. quarter (estimates)

ICGCommerce (Internet Capital owns 64%) = 21.5 million

Metastorm (Internet Capital owns 33%) = 16.5 million

Starcite (Internet Capital owns 36%) = 13 million

Freeborders (Internet Capital owns 31%) = 9.5 million

Channelintelligence (Internet Capital owns 50%) = 5 million

Whitefence (Internet Cpaital owns 36%) = 6 million

Investorforce (Internet Capital owns 81%) = 1 million  

ergebenden anteiligen Umsätze von Internet Capital im vierten Quartal:

The proportional revenues of Internet Capital are 32.3 million

13,76 from ICGCommerce
5,45 from Metastorm
4,68 from Starcite
2,95 from Freeborders
2,50 from Channelintelligence
2,16 from Whitefence
0,81 from Investorforce
32,30 from alltogether  

An eight core-company was bought in january of this year: 89% of Govedelivery.

Revenus of Govdelivery in the fouth quarter (estimate) = 2.5 million.

Proportional revenues = 2.2 million  

Additional two companies from the non-core with their reveneus in the fourth quarter:

Acquirty = 2.5 million, proportional reveneus of the 25% of Internet Capital = 0.6 million

Clickequation = 1 million, proportional revenues of the 30% of Clickequation = 0.3 million


Schlecht in diese Systematik und die der vorhergehenden Postings sind allerdings die 9% an Anthem Venture einzubeziehen, denn das ist wie Internet Capital ein Wagnisnisfinanzierer - nur in früheren Stadien tätig und nicht börsennotiert:

www.anthemvp.com  

ist sicherlich ICGCommerce, zumal man dort auch 64% hält:

Re: Revenues of Core-Partner-Companies in the 4. quarter (estimates)     20-Feb-10 11:58 am     Estimates for 2010 for ICGCommerce:

1. quarter = 23 million

2. quarter = 25 million

3. quarter = 27 million

4. quarter = 29 million

Revenues of ICGCommerce in 2010 will be 104 million.