In a disclosure made to the City, NetServices said it had "r eceived preliminary expressions of interest to acquire its managed services business, including its shareholding in WAN Services Limited , which represents all, or substantially all, of the Company's business and assets."
NetServices said that as yet there was no guarantee that any discussions would lead to a sale, but said it would make a further announcement in due course.
Just before Christmas NetServices part-owner and Xploite CEO Ian Smith pumped £2.1m of new equity into the business to help fund a roll-up of companies in the sector. He currently owns just over 12% of the firm.
At the time, NetServices said that its directors recognised it "lacked scale" andthere was a "disconnect between the intrinsic value of the technicalcapability" built by the business and its £1.4m market capitalisation".