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Microsoft renames SkyDrive cloud storage service 'OneDrive'

Six months after agreeing to drop the SkyDrive brand, Microsoft has finally announced the new name of its cloud storage service: OneDrive.

The Redmond, Wash., tech company unveiled the new name Monday, saying OneDrive conveys the mission of the service, which is to let users access their important files from many devices by storing them all in one location.

"We know that increasingly you will have many devices in your life, but you really want only one place for your most important stuff," the company said in a blog post Monday. "We believe the new OneDrive name conveys the value we can deliver for you and best represents our vision for the future."

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Microsoft agreed to drop SkyDrive as the name of its service last July in a settlement with British Sky Broadcasting Group, which holds a trademark for the name in England.

As part of the agreement, Microsoft was given “a reasonable period of time to allow for an orderly transition to a new brand.”

Microsoft has not yet said when exactly OneDrive will fully replace SkyDrive as the name of the service, for now simply saying that the OneDrive brand is "coming soon."

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