Boston Business Journal articles from December 2001

Boston Business Journal archives from December 2001

Polaroid's quiet creditors: Although left in the lunch, some stay loyal to fallen giant.
December 7, 2001... CAMBRIDGE--As Polaroid Corp. wrestles with its reorganization, nearly a dozen of its local vendors are feeling the pinch of hundreds of thousands of dollars in unpaid invoices. The suppliers and service companies are creditors holding...

Telecoms barely miss holding Enron IOUs.(Brief Article)
December 7, 2001... BILLERICA--Enron Corp.'s collapse reverberated through two area telecom companies, leaving no unpaid hills but the potential of used gear flooding an already weak market. Avici Systems Inc. already is struggling through a difficult year,...

Bad timing? New sites are hungry for tenants.
December 7, 2001... Landlords feasted on last year's phenomenal demand for office space, which led to 2.2 million square feet of net absorption and pushed rental rates into the $80-a-square-foot range. But not everyone made it to the party on time, and now...

Biotechs turn to 'branding' to unravel merger maze: Retaining value of old identify in new package.(Brief Article)
December 7, 2001... When Norwood-based ESC Medical Systems and Coherent Medical Group merged in April, the aesthetic and ophthalmic laser company suffered what could be called a brand-identity crisis. Just two years prior, ESC had merged with Sharplan Laser...

Millennium buys Cor. (Late News).(Brief Article)
December 7, 2001... CAMBRIDGE--Millennium Pharmaceuticals Inc. has has agreed to buy San Francisco-based Cor Therapeutics Inc. in a $2 billion stock deal that will add Cor's FDA-approved drug Integrilin to Millennium's product line. Under terms of the...

ENSR opens Ala. office. (Late News).(Brief Article)
December 7, 2001... WESTFORD--Environmental-consulting firm ENSR International has opened a new office in Birmingham, Ala. The new Birmingham office will work with ENSR's staff in Georgia, Florida and northern Alabama to provide environmental-consulting and...

Corrections.(Brief Article)
December 7, 2001... FleetBoston Financial Corp's Latin-American business lines had a positive effect on the bank's third-quarter earnings. A story in the Nov. 9 Boston Business Journal ("FleetBoston leasing goes overseas") incorrectly reported the results. In...

Online, but no free ride: OneSource's Schimmel stays profitable with web-based information service. (Executive Profile - Dan Schimmel).(Brief Article)
December 7, 2001... CONCORD--OneSource Information Services Inc. does all of its business online, but Dan Schimmel resists the idea that he runs an Internet business. OneSource has roots going back to the mid-'80s, a time that would be considered prehistoric...

Converse prepares brand for revival bid.(Brief Article)
December 7, 2001... NORTH ANDOVER--Converse Inc. is mounting a comeback. The new owners of the longtime Massachusetts company will relaunch the brand during NBA All-Star Weekend in February. Cheryl McCants, Converse's director of marketing, prefers...

Biotechs race to find the genetic key to obesity cute.(Brief Article)
December 7, 2001... There is increasing evidence that disease can be linked to obesity, and both may begin with our genes. And so a race has ensued to find a gene or protein that will make an effective obesity drug. But the race may be a long one; there are...

EMC shakeup puts strategic emphasis on software.(Brief Article)
December 7, 2001... EMC Corp. shuffled its organization internally in recent weeks, bringing home to Hopkinton the message it has been trumpeting ever since the company began losing money this year: Software is the high-margin future in data storage that will help...

Cambridge sees lab-space demand on front bum burner.(Brief Article)
December 7, 2001... When the Massachusetts Institute of Technology Bought the Technology Square complex from Beacon Capital Partners Inc. for $279 million in February, 300 Technology Square was designed to be an office building. Instead, MIT quickly...

AFL-CIO drops the family-leave ballot question--at least for now.(Brief Article)
December 7, 2001... Bay State business interests have won a victory in their battle to keep employers from bearing the cost of paid family leave--for now. The AFL-CIO of Massachusetts said it has dropped its fight to put the issue on the ballot next November,...

Small-airport relief welcome, but too late for some.
December 7, 2001... After weeks of lobbying by aviation interests, the Federal Aviation Administration last week lifted certain flying restrictions at three Boston-area general aviation airports. But the reprieve proved too late for at least one company, and the...

Travel firms see surge as travelers return to skies: Terrorism fears could be subsiding, judging by renewed pace of travel.(Brief Article)
December 7, 2001... Daniel Saul is gearing up to hire more staff even though conventional wisdom says he shouldn't be. Saul is the president and CEO of Smarter Living Inc., a company whose namesake web site posts travel deals, promotions and tips free to the...

Xchange cuts quarter loss, aims to break even in Q4.(Brief Article)
December 7, 2001... Xchange Inc. of Boston has cut its third-quarter loss to less than half of what it was in the second quarter, largely through staff reductions, and expects to reach the breakeven point in its operational cash flow during the current three-month...

Fleet is MIA among soldier lenders.(Brief Article)
December 7, 2001... After state Treasurer Shannon O'Brien unveiled a low-interest loan program for Bay Staters called to military duty since the Sept. 11 terrorist attacks, three of the area's largest lenders quickly agreed to take part. But as the treasury...

When it comes to co-op, Northeastern is all business. (On the Fly).(Brief Article)
December 7, 2001... With several renowned business schools in its back yard, Northeastern University strives to create a name and a niche for itself Yet, with about 3,200 undergraduate business students and another 1,000 enrolled in one of several MBA programs,...

Protein used to signal spread of colon-cancer cells.(Brief Article)
December 7, 2001... CAMBRIDGE--Millennium Pharmaceuticals Inc. has licensed a protein that it says can detect colon-cancer cells, then kill them without harming healthy cells. The company is so confident of this compound, guanylyl cyclase C, or GC-C, that...

VC fund to ride biotech wave.(Brief Article)
December 7, 2001... Yet another venture fund is getting into the biotech business, and is looking to invest in the increasingly attractive--and competitive--fields of genomics, proteomics and bioinformatics. Boston-based Venture Investment Management Corp....

Report attacks Wilmington in watershed land-tax case.
December 7, 2001... After losing a precedent-setting tax abatement case worth hundreds of thousands of dollars, the town of Wilmington's hopes for appealing the decision have been dampened by a scathing report. The Appellate Tax Board ruled in June that the...

Trammell Crow starts rebuilding.(Brief Article)
December 7, 2001... Trammell Crow Co. has made significant headway in rebuilding its local investment sales team in the last week-and-a-half with two high-profile acquisitions from rival firms. Last week, Trammell Crow named James McCaffrey as principal and...

Tech firms see profit in web-based retail standard.(Brief Article)
December 7, 2001... Gentle, but steady, pushing by retailers is bringing fresh momentum to an emerging e-business standard known as UCCnet. Many grocery chains, for instance, are insisting vendors begin dealing with them electronically via UCCnet in 2002. ...

Tech vets raise $15M for Storigen.(Brief Article)
December 7, 2001... LOWELL--Three former executives of digital-media company Avid Technology Inc. of Tewksbury have raised another $15 million for a network storage company they started in June 2000. Storigen Systems of Lowell previously raised $9 million in...

Nstar, regulators dash over service-penalty guidelines.(Brief Article)
December 7, 2001... Last summer's electricity outages are pushing state legislators to move ahead with long-deliberated plans to penalize utility companies that had excessive outages and poor customer service. At the center of the debate is Boston-based Nstar,...

Law firm beers up Hub office.(Brief Article)
December 7, 2001... Sullivan & Worcester LLP hopes beefing up its East Coast presence will help it outrun the economic uncertainties facing midsize law firms. "We were concerned about our vulnerability in the environment of consolidation," said Jim...

'Social' investments outpace peers in two-year study.(Brief Article)
December 7, 2001... Despite slumping markets, the growth of socially responsible investing continues to outpace conventional investing, according to a recent study. And local money managers say they are feeling the effects. At a growth rate of 36 percent over...

Lawmakers mull short-term health insurance option.(Brief Article)
December 7, 2001... The Legislature is considering reversing its five-year prohibition on the sale of short-term health care coverage in Massachusetts. Proponents claim short-term plans provide inexpensive coverage to the unemployed. But critics, including the...

KB toys sees potential in supermarket play.(Brief Article)
December 7, 2001... KB Toys has expanded its opportunities to put its toys in front of holiday shoppers this season. The Pittsfield-based retailer has engaged in a pilot program in which it supplies toys to some 1,000 supermarkets operated by Safeway Inc. of...

Shuttle King service plan contested.(Brief Article)
December 7, 2001... Defunct airport-shuttle company U.S. Shuttle of Boston Inc. has already been resurrected as Shuttle King, complete with its predecessor's old web site and telephone numbers. What the future new owners of the shuttle service do not have...

Spalding at bargaining table in debt-overhaul bid.(Brief Article)
December 7, 2001... CHICOPEE--Saddled with $579.5 million in debt, Spalding Holdings Corp. is negotiating with bondholders in an attempt to reduce interest expenses, which reached $30.9 million for the first half of the year. The highly leveraged...

IT Factory lands last-minute cash.(Brief Article)
December 7, 2001... Boston-based IT Factory Inc. came dose to the edge last month when a delay in bridge financing from a previous investor caused the company to be a day late with the employee payroll, a company official confirmed this past week. The financing...

Event testifies to Del Rossi's power, times gone by. (Financial Notebook).
December 7, 2001... EDWARD MASON, finance and government reporter for the Boston Business Journal Few Bay Staters have the stature to pull the Speaker of the Massachusetts House of Representatives away from Beacon Hill during an all-night budget session to...

Fidelity's latest. (Financial Notebook).(Brief Article)
December 7, 2001... EDWARD MASON, finance and government reporter for the Boston Business Journal Fidelity Investments has launched a tool it hopes will win it the business of registered investment advisers. Abby Johnson's company has come out with...

AMG closes deal. (Financial Notebook).(Affiliated Managers Group Inc.)(Brief Article)
December 7, 2001... EDWARD MASON, finance and government reporter for the Boston Business Journal Affiliated Managers Group Inc., a Boston-based holding company for asset-management firms, said it has completed its acquisition of Welch & Forbes LLC. ...

Holiday leftovers. (Financial Notebook).(Brief Article)
December 7, 2001... EDWARD MASON, finance and government reporter for the Boston Business Journal I recently heard from Gannett Welsh & Kotler about a recent column item, titled, "Pioneer layoffs could be setting stage for more job cuts." Sarah Holmes, a...

All-day CWE info session comes next week. (Best Bets).(Center for Women & Enterprise)(Brief Article)
December 7, 2001... Tuesday, Dec. 12: The Center for Women & Enterprise will hold an all-day information session at Renaissance Park, 1135 Tremont St., Boston. Learn how CWE's programs can meet your particular business needs. Meet CWE's staff, learn about our...

'Idea to Liquidity' series to be hosted by CBDC. (Best Bets).(Cambridge Business Development Center sponsors five-part seminar series for high-tech entrepreneurs)(Brief Article)
December 7, 2001... Thursday, Dec. 13: The Cambridge Business Development Center will launch a new five-part seminar series for high-tech entrepreneurs called "Idea to Liquidity." The series will enable entrepreneurs to learn about the major life-cycle events that...

The forgotten market. (In Business).(Massachusetts Small Business Development Center)
December 7, 2001... Explore the possibility of expanding your sales to the government marketplace. Clients of the Massachusetts Small Business Development Center Network's Procurement and Technical Assistance Center received almost $29 million dollars in contract...

Entrepreneurs Wanted. (In Business).(Editorial)
December 7, 2001... The Boston Business Journal is always looking for interesting stories about entrepreneurs. If you know about a young unique company of interest, then contact the BBJ. Nearly all fields of business are considered, including high-tech,...

Performing like a pro: Performance-training firm has your health, happiness in mind. (Entrepreneur).
December 7, 2001... WALTHAM--As a pro tennis player in the late '80s to early '90s, training and touring with an elite group that included such emerging stars of the game as Jim Courier and Andre Agassi, D.J. Bosse learned something about the psyche of an athlete...

Book review: Sizing up the 'Giants of Enterprise'. (Small Business).(Giants of Enterprise: Seven Business Innovators and the Empires They Built, by Richard S. Tedlow)
December 7, 2001... By 1950, after five years in business, Sam Walton had turned a one-time floundering five-and-dime in rural Arkansas into an enormous success. But Walton, who would go on to found one of the most successful retail companies in the world in...

The List: Area's Largest Sports Attractions.(Illustration)(Statistical Data Included)
December 7, 2001... The List: Area's Largest Sports Attractions; (ranked by attendance) (*) Rank Event Attendance 1 104th Boston Marathon (1) 1,000,000e April 16, 2001 2 Head of...

O'Connell Hospitality makes West Coast reservations. (Retail and Hospitality).(partnering with Neptune Hospitality Advisors)
December 7, 2001... O'Connell Hospitality Group LLC has entered into a' strategic alliance with a San Diego company in an attempt to become a "national presence with a regional focus." The Boston firm is preparing for what it expects will be an onslaught of hotel...

Fineline gets Kooties. (Retail and Hospitality).(Fineline Properties.com Inc.)(Brief Article)
December 7, 2001... Fineline Properties.com Inc. has signed an agreement to produce an athletic-shoe line under Lexington-based Stride Rite Corp.'s Keds brand. The line will be based on Fineline's Kooties cartoon characters. The two-phase agreement will...

Danielo changes locale. (Retail and Hospitality).(upscale women's and men's boutique)(Brief Article)
December 7, 2001... Danielo, an upscale women's and men's boutique owned by Daniel Schachtel, has changed its location on Boston's Newbury Street. After five years in business, the store has reopened at 224 Newbury St. with a minimalist showroom designed by...

Cranwell Resort & Golf Club adds spa to the mix. (Retail and Hospitality).(Brief Article)
December 7, 2001... Cranwell Resort & Golf Ciub in Lenox will unveil a new addition to its property in March--The Spa at Cranwell. The 35,000-square-foot spa will be connected to the property's four main guestroom buildings by glass walkways. It will...

Stop & Stop receives salute. (Retail and Hospitality).(Brief Article)
December 7, 2001... Quincy-based Stop & Shop Supermarket Co. was one of four companies to receive the "Salute to Excellence" award from the Private Label Manufacturers Association. The award, presented last month at PLMA's annual private-label trade show in...

Kronos continues its growth-by-acquisition strategy. (High Technology).(Brief Article)
December 7, 2001... Software developer Kronos Inc. of Chelmsford picked up another one of its dealers last week as the company continues to grow through acquisitions and expand its markets. This time Kronos bought--for an undisclosed amount of cash--certain...

MRO sets up in Tokyo. (High Technology).(Brief Article)(Statistical Data Included)
December 7, 2001... MRO Software Inc. of Bedford has set up a sales force in Tokyo, where its clients include Honda Motor Co. Ltd., Universal Studios Osaka and Mitsui Chemicals Inc., a Japan-based producer of petrochemicals. The opening of a new office expands...

Teradyne gets break-up fee. (High Technology).(Brief Article)
December 7, 2001... Teradyne Inc. of Boston reported receiving a $3.4 million break-up fee from E-M-Solutions of Fremont, Calif., after a deal between the two companies fell apart. Teradyne disclosed the payment in its quarterly report last month. At the same time...

Dynamics wins Navy contract. (High Technology).(Dynamics Research Corp.)(Brief Article)(Statistical Data Included)
December 7, 2001... Dynamics Research Corp. of Andover landed a $2.75 million contract with the U.S. Naval Air Warfare Center Training Systems Division. The company will develop a naval-aviation simulation master plan to use for training air crews. The work will...

Here's a tip for you while your computer is loading. (Advertising & PR).(Brief Article)
December 7, 2001... Some angel investors in Taiwan were turned on by a Westborough company's idea to put advertising on computer screens in the few seconds before it boots up. Turn On Media, a business unit of Insyde Software Inc., raised $1.9 million from...

Banding together. (Advertising & PR).(Brief Article)
December 7, 2001... Holland Mark Advertising refugee Chris Colbert is camping out in agency's former office space and looking for company. Colbert, a former Holland Mark president who left the firm a couple of months before the shop's demise in October, is...

Creative giving. (Advertising & PR).(Brief Article)
December 7, 2001... The Boston Idea Group--formerly the Advertising Club of Greater Boston--has tapped Wenham-based Mullen for its 2002 Public Service Campaign. Each year, the organization pair a nondenominational, noncommercial d nonpartisan not-for-profit...

Family Advocacy Program makes for strange bedfellows. (Health Beat).(Brief Article)
December 7, 2001... Jeffrey Robbins admits that doctors and lawyers don't choose to work together often. It's kind of like oil and water at times, said the litigator from Boston's Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC. But he said there is one...

Marino foundation. (Health Beat).(Marino Center for Progressive Health)
December 7, 2001... With so much talk about the rising cost of health care, it is quite unusual to see more people gladly paying for services out of their own pocket. But that is the case with Marino Center for Progressive Health, the, Cambridge-based nonprofit...

Schwartz and Regan. (Health Beat).(Regan Communications)(Brief Article)
December 7, 2001... Just when you thought companies were cutting services, some are, seeing the need to add an educational program for employees about the spread of infectious disease and public health scares, in light of the anthrax attacks. Last week,...

Med Diversified. (Health Beat).(to introduce new wireless product line)(Brief Article)(Product Announcement)
December 7, 2001... Andover-based Med Diversified through its, subsidiary, Trestle Corp., is unrolling a new wireless product line for Hawaii Health Systems Corp., which it hopes will be attractive to hospitals on the mainland as well. It is the next...

Manufacturers still can't find enough skilled workers. (Washington Notes).(Brief Article)(Statistical Data Included)
December 7, 2001... Manufacturing has been in a recession for a year, but this battered sector of the economy still faces a skilled worker shortage despite widespread layoffs. Eighty percent of manufacturers surveyed by the National Association of...

New web site offers gateway to small-business regulations. (Washington Notes).(www.BusinessLaw.gov)(Brief Article)
December 7, 2001... A new web site, www.BusinessLaw.gov, offers small-business owners a gateway for finding, understanding and complying with federal, state and local regulations. The U.S. Small Business Administration launched the site as part of the Bush...

Grants help organizations train low-income entrepreneurs. (Washington Notes).(Small Business Administration)(Brief Article)
December 7, 2001... The SBA has awarded grants to 69 organizations that will offer training and technical assistance to low-income entrepreneurs. The grants are part of the SBA's new Program for Investment in Microentrepreneurs (PRIME), which received $15...

Poll finds employers, workers satisfied with OSHA dealings. (Washington Notes).(Brief Article)
December 7, 2001... A new Gallup Poll commissioned by the Occupational Safety and Health Administration found that an overwhelming majority of employers and workers are satisfied with their dealings with the agency. The poll found that 84 percent of employers...

Women-owned firms growing at twice the rate for all firms. (Washington Notes).(Brief Article)(Statistical Data Included)
December 7, 2001... A new study estimates the number of women-owned businesses in the United States will grow to 6.2 million in 2002, a growth rate of 14 percent since 1997-- double the rate for businesses in general. More than 100,000 women-owned businesses...

Lower Xchange rate: New CEO likes to hunt for bargains. (Everybody's Business).(Brief Article)
December 7, 2001... Somebody, no doubt, felt the heat in the travel department of Boston-based Xchange Inc. recently. When Chris Wagner first became CEO of the software company last summer, he was staying at the Swissotel for a rate of $225 a night. But since he's...

Deliberate dig. (Everybody's Business).(Brief Article)
December 7, 2001... Acting Gov. Jane Swift, demonstrating a media savvy no doubt honed by weeks spent battling everyone from terrorists to Turnpike board members under the glare of the media spotlight, appeared polished and articulate at a press conference called...

No fish story. (Everybody's Business).(New England Aquarium opens Imax theater)(Brief Article)(Statistical Data Included)
December 7, 2001... On Wednesday, the New England Aquarium opened its new, $20 million 3-D Imax theater. The institution, a water-front landmark, expects about 650,000 visitors to see high-tech shows in the new theater during the next year. And, according to...

Well, at least it's something. (Everybody's Business).(lack of venture capital funds results in unique company formations)(Brief Article)
December 7, 2001... Venture capital has taken quite a beating since the tech bubble burst, as evidenced by the difficulty some firms having in trying to find funding. But, as miserable as the current scenario may seem, not everyone is misty eyed for the...

Venturing an opinion. (Everybody's Business).(Venture Capital and Principal Investment Conference)(Brief Article)
December 7, 2001... At the Massachusetts Institute of Technology's 2001 Venture Capital and Principal Investment Conference on Saturday, the morning keynote speaker Bob Metcalfe, a venture partner at Waltham-based Polaris Venture Partners, not to mention the...

So some people ask me: Is it really a rally, Riley? (Your Money).(Column)
December 7, 2001... Pardon me while I twist an old line to make it fit my purposes: "Just because you're paranoid, it doesn't mean the market isn't out to get you." That seems to be the way a great many people are regarding recent signs of strength in the...

Acterna Corp.: The Business. (Corporate Album).(Brief Article)(Statistical Data Included)
December 7, 2001... Acterna Corp., formerly Dynatech Corp., is a global provider of test and management services for optical-transport, access and cable networks and the second largest communications test company overall. Acterna is focused entirely on providing...

Massachusetts Stock Index.(Illustration)
December 7, 2001... MASSACHUSETTS STOCK INDEX Ticker Close Pct. Company Symbol Price Chg. A. D. Technologies Inc. ADTC 0.50 -- Abington...

Doctoring the design: New trends in hospital construction are reflecting a wide range of operational changes. (Real Estate & Development).
December 7, 2001... No more waiting rooms, fewer beds, more operating rooms, friendlier emergency rooms. These are just some of the ways hospitals are redesigning themselves to meet the rapidly changing health care and financial environments. "Health care...

Property owners would do well to study their tax assessments. (Insider View).
December 7, 2001... With Massachusetts and the remainder of the country in the midst of a recession, commercial real estate owners and property managers have been given greater cause to examine their fiscal 2002 assessments and taxes carefully and to be on the...

Housing turnaround: Market now faced with rental glut. (Real Estate & Development).(Brief Article)(Statistical Data Included)
December 7, 2001... The slowing economy and rising unemployment have helped ease Massachusetts' apartment crunch just as thousands of new apartments are about to come on line. So, is the state's historically under-supplied multifamily housing market on the verge...

Despite economy's malaise, house sales remain strong. (Real Estate & Development).(Brief Article)
December 7, 2001... With the economy continuing to soften, many sectors that had remained untouched have downgraded financial predictions and braced for possible 'layoffs. The real estate industry, however, has not done that. By most accounts, the market for...

Applying the lessons of a tanked economy to today's situation. (Insider View).(Brief Article)
December 7, 2001... The scenario is eerily familiar to me. A business boom leads to a frenzy of both commercial and residential real estate development. With the demand for office space, homes and condominium units nearly unquenchable, developers build...

REITs on firmer ground than other investment vehicles. (Real Estate & Development).(Brief Article)
December 7, 2001... Another down year on Wall Street has meant another banner year for real estate investment trusts (REITs), a trend that is likely to continue into 2002, say many experts. "REITs have had a phenomenal year," said Gil Menna, a corporate...

Landlords often have limited rights in tenant bankruptcy cases: It seems strange, but the best advice for a landlord caught in a tenant default is to terminate the lease--soon. (Insider View).(Brief Article)
December 7, 2001... Two years ago, the economy was in overdrive. There was greater demand for commercial space than supply, and rents were reaching dizzying heights. Today, with the burst of the dot-com bubble, the economy in recession and the aftermath of...

Realtors turn to technology in their quest to make sales. (Real Estate & Development).(Brief Article)
December 7, 2001... The fundamentals of selling real estate not changed, say the people who do it for a living. It is still a personal business. But the right technology can speed up the process. Computers, cell phones, digital assistants and the Internet will...

Taking the paper out of paperwork. (Real Estate & Development).(Brief Article)
December 7, 2001... Working underneath stacks of official documents has been the fate of anyone involved in real estate transactions. It would seem that putting all of those documents online is an obvious solution to the paper problem. And indeed, software...

Mortgage assurance is now the latest home-sales tool. (Real Estate & Development).(Brief Article)
December 7, 2001... With the threat of layoffs causing home buyers to break into a cold sweat at the thought of taking on a mortgage, several builders have found a way to allay such fears--and boost sales. They're promising to pay buyers' mortgages if they...

Designers face a cautious market. (Real Estate & Development).(commercial interior designers)(Brief Article)
December 7, 2001... Commercial interior designers say companies still want office design work done, hut they're seeing less action than they normally do this time of year due to the softening economy. 'This time of year is slow anyway," said Al Morrison,...

Forget all about pure-play; plug-and-play is all the rage: Abandoned offices offer new tenants with artwork, furniture and more. (Real Estate & Development).(Interwoven Inc.)(Ariba Inc.)(Brief Article)
December 7, 2001... After a 16-month search for a building in California's Silicon Valley that could accommodate its burgeoning company, Interwoven Inc. on Oct. 5 slipped into a fully furnished 176,000-square-foot office complex abandoned by shrinking Ariba Inc....