Intel has told a court that MGT Capital Investments has gone ahead with the announcement of the “John McAfee Privacy Phone,” even though the company that proposes to change its name to “John McAfee Global Technologies” has previously said that it did not plan to launch products and services under the McAfee mark.
The chipmaker claims it acquired the mark when it bought McAfee Inc. in 2011, and has used and promoted it for security products, services, and publications for consumers and businesses. Security expert John McAfee has stated that he did not sign away rights to his personal name.
Intel spun off last month its security business as a separate company, called McAfee, in which it now owns 49 percent of the equity, with the balance owned by investment firm TPG. The federal court had earlier refused John McAfee and MGT Capital a preliminary injunction until the resolution of the dispute on Intel’s transfer of marks and related assets containing the word McAfee as part of the spin-out.