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Unlike covert actions undertaken by the C.I.A., such clandestine activity does not require the president's approval or regular reports to Congress, although Pentagon officials have said that any significant ventures are cleared through the National Security Council.
In the years since, the company has underwritten more significant ventures and has long lived under one of the best-known logos in American business -- the umbrella it created in its advertising in 1870, only six years after the company had been established, to symbolize protection.
Among the more significant ventures were the reopening of the School of Nursing, the founding of the for-profit Dome Corporation, the establishment of a joint graduate center with Nanjing University in Nanjing, China, the establishment of the professional WJHU-FM radio station, and the opening of the School for Continuing Studies Downtown Center.
Headquartered in El Paso, the group allegedly had significant ventures in Las Vegas and New Mexico, as well as a drug distribution network in Dallas.
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The firm has also amassed significant venture capital investment.
The Cuba trip was a far cry from what had previously been O'Brien's most significant venture into geopolitics.
"This is our first significant venture into non-silver-halide technology," said Leonard Aberbach, a Polaroid vice president.
Mr. Gross said that the proposed Grand Union acquisition was not the company's first venture into operating stores but that it was its "first significant venture into retailing".
Traditional greenhouses, many of them in rural areas, account for about half of the indoor market, but vertical farming has attracted significant venture capital.
The device, which exists as a prototype and will eventually be sold as a branded item to consumers, is the company's most significant venture into hardware.
"When Stan came out to talk to us, we found his vision matched ours," Mr. Milenthal said, "and was backed by Halyard and significant venture capital, which gives us the fuel to build what the market needs".
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