Anti-virus software pioneer John McAfee has been appointed as the chief executive of MGT Capital Investments, and said the company would buy certain assets of McAfee's anti-spy software company D-Vasive Inc.
MGT Capital, in turn, said it would change its name to John McAfee Global Technologies.
John McAfee, an online celebrity who sold his eponymous anti-virus company to Intel for US$7.6 billion, is also a presidential candidate for the November 2016 election as part of his new Cyber Party.
Reporting by Anya George Tharakan; Editing by Shounak Dasgupta