Actua Corporation, formerly ICG Group Inc, acquires and builds Internet software and services companies. ICG operates in two business segments: the core reporting segment and the venture reporting segment. The Company�s core reporting segment includes those companies in which its management provides strategic direction and management assistance. Its venture reporting segment includes companies to which it generally devote less capital than it does to its core companies and, therefore, in which it holds relatively smaller ownership stakes than it does in the core companies. In February 2013, Google Inc acquired Channel Intelligence, Inc. one of the consolidated companies of ICG. In December 2013, the Company announced that it has the consummated the sale of Procurian Inc, a specialist in procurement solutions, to an affiliate of Accenture plc.