Although historically the name 'par' does come from 'parallelism', it is interesting to note that recently Girard seems to have changed his point of view, in an attempt to give a quantum physics interpretation of linear logic.
In the paper "Schrödinger’s cut" self-published on his website (written in French), he says explicitly that 'par' stands for 'partage', meaning 'sharing' in French, and that it denotes quantum superposition. Although traditionally it is the additive conjunction which is understood as a sharing construct, in the sense of resource-sharing...
A possible reconciliation may be found in the proof-as-process interpretation of linear logic: in this setting multiplicative disjunction is understood as the parallel composition of two processes. That is, they can execute computation independently in parallel, but they can also exchange messages through shared communication channels. For more details, I recommend the recent article Par means parallel: multiplicative linear logic proofs as concurrent functional programs.
Also in his latest paper "Schrödinger’s cut III", Girard reassigns the 'parallel' interpretation to the additive disjunction 'plus', by describing the two premisses of the disjunction elimination rule in natural deduction as playing the role of 'parallel worlds'.
All this should be taken with a grain of salt though, given the playful, provocative and unscientific nature of Girard's latest writings...