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The US security firm formerly known as Blackwater, which was barred from Iraq over a deadly 2007 shooting, renamed itself a second time Monday.
USTC Holdings, the investor consortium that acquired ex-Blackwater firm Xe Services in December 2010, announced ACADEMI as the new name and brand for Xe Services.
Akademos (Greek Ἀκάδημος) (or Hekademos (Ἑκάδημος), Academus, or Hecademus) was an Attic hero in Greek mythology. The tale traditionally told of him is that when Castor and Polydeuces invaded Attica to liberate their sister Helen, he betrayed to them that she was kept concealed at Aphidnae. For this reason the Tyndarids always showed him much gratitude, and whenever the Lacedaemonians invaded Attica, they always spared the land belonging to Academus which lay on the Cephissus, six stadia from Athens. This piece of land was subsequently adorned with plane and olive plantations, and was called Academia from its original owner.