It's not even the specific name, but simply using any name from Tolkien.
Tolkien didn't like the consequences of technological progress. While engineers were not inherently evil in his works, they were at a high risk of becoming evil, or at least instruments of evil. Think of characters like Sauron and Saruman, or Fëanor and Celebrimbor. If you give a Tolkienian name to your tech company, you are implying that you are one of those guys.
Tolkien didn't like the consequences of technological progress. While engineers were not inherently evil in his works, they were at a high risk of becoming evil, or at least instruments of evil. Think of characters like Sauron and Saruman, or Fëanor and Celebrimbor. If you give a Tolkienian name to your tech company, you are implying that you are one of those guys.