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Stories

How 30 Big Companies Got Their Names

by Zack Walkter

Published November 24, 2017

How 30 Big Companies Got Their Names

20. Vodafone:

from Voice, Data, Telefone. Vodafone made the UK’s first mobile call at a few minutes past midnight on 1 January 1985.

 

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21. Walmart:

named after founder Sam Walton

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22. Starbucks:

named after Starbuck, a character in Herman Melville’s novel Moby-Dick, also a variation of Starbo; at the time, a local mining camp north of Seattle.

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23. Lego:

combination of the Danish “leg godt”, which means to “play well”. Lego also means “I put together” in Latin, but Lego Group claims this is only a coincidence and the etymology of the word is entirely Danish. Years before the little plastic brick was invented, Lego manufactured wooden toys.

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24. Intel:

Robert Noyce and Gordon Moore initially incorporated their company as N M Electronics. Someone suggested Moore Noyce Electronics but it sounded too close to “more noise”. Later, Integrated Electronics was proposed but it had already been taken, so they used the initial syllables (INTegrated ELectronics). To avoid potential conflicts with other companies with similar names, Intel purchased the name rights for $15,000 from a company called Intelco. (Source: Intel 15 Years Corporate Anniversary Brochure)

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25. Ikea:

a composite of the first letters in the Swedish founder Ingvar Kamprad’s name in addition to the first letters of the names of the property and the village in which he grew up: Ingvar Kamprad ElmtarydAgunnaryd.

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26. Volkswagen:

from the German for people’s car. Ferdinand Porsche wanted to produce a car that was affordable for the masses – the Kraft-durch-Freude-Wagen (or “Strength-Through-Joy car”, from a Nazi social organization) later became known, in English, as the Beetle.

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27. Skype:

the original concept for the name was Sky-Peer-to-Peer, which morphed into Skyper, then Skype.

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28. Pepsi:

named from the digestive enzyme pepsin.

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29. 7-Eleven:

Convenience stores; renamed from “U-Tote’m” in 1946 to reflect their newly extended hours, 7:00 am until 11:00 pm

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30. 3M:

from the company’s original name, Minnesota Mining and Manufacturing Company.

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Credits: Justsomething.co

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