Philadelphia, PA, June 18, 2014 --(PR.com
)-- Philadelphia-based business services consultancy, The Water Group LLC, has acquired the Intellectual Property rights of defunct consultancy The Sales & Marketing Consulting Company of Philadelphia (SMCC), including trademarks, designs, and copyrights.
According to Jon Reiser, a Principal with The Water Group, “SMCC did some innovative things in its time and designed some great processes that we have found to be valuable. In addition, several of the founding members of SMCC are part of The Water Group, so it seemed like a natural move on our part.”
SMCC was a Philadelphia-based boutique technology consulting firm founded by a group of ex-IBM professionals in August, 1993. Citing an inability to adequately staff and deliver engagements, the firm officially closed its doors in September, 1995, and many of its consultants and much of its I.P. were absorbed by Oxford Hill Consulting, which is now part of The Water Group.
“It has always been an interest of ours to bring back some of the SMCC I.P. in-house at Water,” said Reiser, “And now that Oxford Hill is back in the family, we believe the value of the design and copyright-protected materials will ultimately be more valuable to us than we even know today.”
The Water Training Group is a Business Services Consulting (BSC) firm based in Philadelphia, Pennsylvania.