Is the ski brand spider named after spider sabich?

Spyder started as a small mail order business over 30 years ago by David Jacobs, a world-renowned ski champion. Inspired by his sons and the need for more ski-specialty based companies in the industry, David embarked on his new business venture 'for racing, by racers.' The name Spyder was coined by his son, Billy. He noticed that people were calling his father´s blue racing pants, with yellow striped padding from the knee to hip, 'spider' pants.