MGT Capital Investments Inc. (NYSE MKT: MGT) is acquiring technology and assets from Demonsaw LLC, an anonymous file-sharing computer network, and hired Demonsaw’s founder Eric Anderson as chief technology officer. The deal is contingent on the approval of MGT stockholders. Demonsaw LLC members would receive 20 million restricted shares of MGT common stock, or 28 percent of MGT’s common stock.

Demonsaw’s software offers users full control of data and private router services with a decentralized network that protects IP address information.  Harrison, New York-based MGT’s business is buying, developing and monetizing intellectual property assets, including social casino and gaming software, fantasy sports wagering software, and online entertainment marketing and rewards software.

MGT plans to change its name to John McAfee Global Technologies when its acquisition of technology and assets of D-Vasive Inc., provider of anti-spy software, is completed. That deal was announced earlier in 2016. D-Vasive’s founder is John McAfee, who will become CEO of MGT/John McAfee Global Technologies.

Anderson, known as Eijah in hacking communities, has served as lead programmer for five years for Rockstar Games and has previously worked as lead programmer for Guitar Hero 6 at Activision and portfolio architect of security at American Express. McAfee says that artificial intelligence will become crucial for new cybersecurity systems, and that Anderson will help MGT “cement our edge in the creation of cybersecurity products in this new paradigm of cyber threats."

Cybersecurity companies have become attractive targets following highly publicized instances of hacking and data thefts. Recent M&A deals in the cybersecurity arena have included Thycotic, a cybersecurity provider backed by Insight Venture Partners will buy Arellia protection software company in April. Also in April, data security company Cryptosoft acquired DeviceAuthority Inc., which provides authentication technology. In January, cybersecurity firm FireEye Inc. (Nasdaq: FEYE) acquired competitor iSight Partners.

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