Two publicly traded technology companies have separately announced name changes this week.
On Monday, Intel CEO Brian Krzanich said that McAfee Security, which Intel acquired for $7.6 Billion in 2010, will become Intel Security, but will retain the familiar red shield.
“The complexity of keeping digital identities safe grows as mobile applications and devices become a more important part of our daily lives,” Intel quoted Krzanich as telling an audience at the Consumer Electronics Show in Las Vegas. “Intel’s intent is to intensify our efforts dedicated to making the digital world more secure, and staying ahead of threats to private information on mobile and wearable devices.”
Krzanich also announced that Intel plans to offer elements of McAfee’s award-winning security solutions for mobile devices including Apple and Android devices for free. The company said more details will be announced in the coming months.
On Tuesday, Commtouch announced that it is operating globally under the name CYREN, effective immediately though the Commtouch website was still available while the CYREN site was not. The company said it adopted the new name as it completed its transformation into provider of cloud-based information security solutions.
“This is far more than just a name change,” Lior Samuelson, chairman and chief executive officer at CYREN, said in a press release. “This rebranding comes during a defining moment for the company, as we continue our successful strategy of shifting from a component technology company to a ‘plug-and-play’ complete security solution provider.”
Two businesses acquired by Commtouch in 2012, Germany-based Eleven and the Icelandic-based FRISK Software’s antivirus unit, have also adopted the CYREN name.