Published November 17, 1998
Volume 6, Number 11

Business Bits

  • Joe Callahan, Mark Sweeney, and Patrick O'Brien have been given the Mayor's Award in recognition of their outstanding contribution to the community. The three have played key roles in the development of Hacienda and the North Pleasanton area over the past 20 years.
  • SF Property Investment, LLC, has acquired Stoneridge Business Center. The Portland-based company also owns the 450 Sutter Building in San Francisco, as well as other properties in seven states. The group recently sold the Claremont Hotel in Berkeley, which it had owned since 1954. 
  • Computer Networks, Inc., has again been named one of the fastest growing companies in the country by Inc. magazine. Coming in at number 470, this marks the second consecutive year that the systems integrator has been named to the prestigious Inc. 500. Computer Networks, Inc., specializes in remote access, branch office, and server-based computing solutions.
  • Vanstar Corporation has agreed to merge with a wholly-owned subsidiary of Inacom Corporation. Combined, the two companies currently employ over 12,000, with annual revenues of $7 billion. 
  • Remedy Corp. has agreed to create a worldwide customer support system with Lucent Technologies. Lucent plans to use the Remedy Action Request System to help provide technical support in 60 countries for network products such as central office equipment and wireless phone equipment.
  • Resolute Software has signed an agreement with Netscape Communications to provide application performance management and capacity planning for the Netscape Netcenter portal site with version 2.4 of RAPS, the Resolute Application Performance System. 


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