Wells Fargo & Co. is making a $25 million strategic bet on a Denver- based software firm that helps automobile dealerships expand to the Internet.

Officials of San Francisco-based Wells said the investment in Navidec Inc. is not its first-and certainly not its last-in an advanced technology company. In March, Wells and AT&T Ventures put a combined $7.6 million into PaymentNet, a provider of Internet-based payments to merchants. (See article at right.)

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