Skip to main content

Intel and John McAfee settle lawsuits over antivirus pioneer’s right to use his name on other products

John McAfee in a 2016 presidential campaign video.
Image Credit: YouTube Screenshot

(Reuters) — John McAfee, the creator of eponymous antivirus computer software, has settled a lawsuit against Intel over his right to use his name on other projects after the chipmaker bought his former company.

U.S. District Judge Paul Oetken in Manhattan dismissed McAfee’s September 2016 lawsuit and a countersuit by Intel on Wednesday, five days after a settlement agreement was signed.

McAfee said he sued after Intel warned him that using his name, including by renaming his digital gaming and cybersecurity company MGT Capital Investments as “John McAfee Global Technologies Inc,” would infringe its trademarks.

Intel countered by accusing McAfee of trademark infringement and unfair competition, and sought unspecified damages.

VB Event

The AI Impact Tour – Atlanta

Continuing our tour, we’re headed to Atlanta for the AI Impact Tour stop on April 10th. This exclusive, invite-only event, in partnership with Microsoft, will feature discussions on how generative AI is transforming the security workforce. Space is limited, so request an invite today.
Request an invite

Under the settlement, McAfee agreed not to use his name, trademark his name or the phrase “John McAfee Privacy Phone,” or use “John McAfee Global Technologies” in connection with cybersecurity- and security-related products and services.

He retained the right in other contexts to use his name in advertising, promotions and presentations, including with regard to his role at McAfee Associates, which he sold to Intel for $7.7 billion in 2010.

Neither McAfee nor Intel admitted wrongdoing in agreeing to the settlement, which was amicable, according to court papers.

McAfee’s lawyers did not immediately respond to requests for comment. A spokesman for Intel said the Santa Clara, California-based company was pleased to settle.

Intel spun off its cybersecurity division, now called McAfee LLC, in April, after agreeing to sell a 51 percent stake to private investment firm TPG Capital.

TPG later accepted a minority investment in the business from private equity firm Thoma Bravo.

Intel retained a 49 percent stake in McAfee, which the spinoff valued at $4.2 billion including debt.

John McAfee unsuccessfully sought the Libertarian Party’s nomination for the U.S. presidency last year.

The case is McAfee et al v Intel Corp et al, U.S. District Court, Southern District of New York, No. 16-06934.

(Reporting by Jonathan Stempel in New York; editing by Grant McCool)

VB Daily - get the latest in your inbox

Thanks for subscribing. Check out more VB newsletters here.

An error occured.