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BtoB

Lucent, Thomas Wiesel, others start broadband venture

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Lucent Technologies, Murray Hill, N.J., San Francisco-based investment banking firm Thomas Weisel Partners L.L.C. and three other companies are starting GeoVideo Networks Inc., a venture that will help companies build broadband video programs. New York-based GeoVideo Networks will open offices in Los Angeles, Chicago, Philadelphia and Dallas within the next year. Other companies investing in GeoVideo Networks include The Ocepek Group, Crest Communications Holdings and East River Ventures.
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