A dispute between Intel and security expert John McAfee over the use of his name for another company is headed for settlement talks, according to court records.
A dispute between Intel and security expert John McAfee over the use of his name for another company is headed for settlement talks, according to court records.
The move comes shortly after the federal court refused John McAfee and MGT Capital Investments, the company to be renamed, a preliminary injunction on Intel’s transfer of marks and related assets containing the word McAfee , as part of a proposed spin-out by the chipmaker of its security business as a separate company that would be called McAfee.
The chip company said in September it had signed the agreement with TPG to set up a cybersecurity company in which Intel shareholders would hold 49 percent of the equity with the balance held by the investment firm.
The two sides have now informed District Judge J. Paul Oetken of the U. S. District Court for the Southern District of New York that they consent to a settlement conference before Magistrate Judge Kevin Fox.
