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With Paul Allen backing these companies, they have more capital than they will ever need. I wonder where Echostar stands now?

Two startups that were in need of cash, but had ambitious goals to revolutionize the delivery of home entertainment, have decided to merge. Moxi Digital, based in Palo Alto, and digeo, based in Kirkland, Wash., both of which were developing platforms for multimedia set-top boxes, the companies announced today. Financial terms were not disclosed. Paul Allen's Vulcan Ventures, which provided first-round funding for both companies, has invested more now to help carry the merged company through 2004, the companies said.

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