The company's purpose is to conduct research, development, design, manufacture, marketing, licensing and trading of products and accessories in the fields of automation systems and similar technological devices, as well as related firm and software, and to provide all related services. The company may also engage in the development of other systems, provide consulting services, and conduct research and innovation in the field of Smart Technologies. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish similar or related companies, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad, as well as acquire, sell and manage intellectual property rights, patents and licenses. It may also provide financing for its own account or for third-party account, and grant guarantees and warranties for subsidiaries and third parties.