Websense considers sale, reports say

Internet security firm Websense is considering putting itself up for sale with the help of investment bank Qatalyst Partners, according to reports.Websense — which supplies a host of internet security services from content filtering to data security products — could fetch around $1bn (£615m), according to a Wall Street Journal report on Thursday citing "people familiar with the matter".

Internet security firm Websense is considering putting itself up for sale with the help of investment bank Qatalyst Partners, according to reports.

Websense — which supplies a host of internet security services from content filtering to data security products — could fetch around $1bn (£615m), according to a Wall Street Journal report on Thursday citing "people familiar with the matter".

However, according to the Wall Street Journal's sources, the company could well decide not to sell if offers come in below expectations.

This is not the first time that Websense has toyed with the idea of selling. In August 2010, Gene Hodges, chief executive of Websense, told Reuters that the company was "open to takeover bids".

On 19 August, Intel purchased security firm McAfee in a deal worth $7.68bn. Intel said at the time that the move would augment its mobile wireless strategy.

That deal closed on 1 March having gained EU and FTC approval.