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Soon after, management saw the commercial applications of their work. Tyco began to seek acquisitions in order to develop product, manufacturing and marketing capabilities. In 1964 Tyco became a publicly owned company and in 1965 their first acquisition was Mule Battery Products. Around the same time Tyco Inc. became Tyco Laboratories.
In 1974 Tyco’s stock was listed on the New York Stock Exchange and by 1982, Tyco had become much larger and diverse with $500 million in sales and a net worth of almost $140 million. Much of their rapid growth can be attributed to their larger acquisitions. A few of these included Simplex Technologies, Grinnell Fire Protection Systems, Armin Plastics, and the Ludlow Corporation...
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