Internet Capital Group CEO Walter Buckley discussed LinkShare, which ICGE owns 40% of, and On-Demand software. LinkShare competes directly with ValueClick (ticker: VCLK). Here's what Buckley said:
On On-Demand software:
...since the early days of ICG, we've recognized the significant potential that exists within the internet software or on-demand software space As research analysts begin to focus on companies in this sector, three primary factors are contributing to the strong acceptance of these models; namely, the growth of the internet, maturing technology, and the growing acceptance of outsourcing. In addition, customers point to the lower cost of ownership, the predictability of subscription costs, and more robust software solutions as attractive features to the user.
LinkShare, a leading provider of performance-based marketing solutions, continued to be recognized as the leader by customers as well as industry watchers. The Company gained a number of new clients this quarter, including Vermont Teddy Bear, PetsMart, Toshiba, Match.com, and Zale Diamonds, to name a few. At the end of the quarter, LinkShare hosted its annual executive marketing summit and had over 400 attendies, including executives from many of the leading e-commerce companies. During the summit, LinkShare announced partnerships with leading web analytics providers… as well as the beta release of the LinkShare Synergy Analytics product to its affiliate customer base.
(Quotes are from the CCBN StreetEvents transcript.)