The acquisition, holding and management of participations in other companies and securities. The company may establish branches and subsidiaries in Switzerland and abroad and acquire participations in other companies in Switzerland and abroad, as well as carry out all transactions that are directly or indirectly related to its purpose. The company may also acquire, hold, manage, encumber, exploit and sell intellectual property rights. In particular, the company may provide financing and grant securities of any kind in favor of affiliated companies or other companies or otherwise guarantee the liabilities of these companies. The company may acquire, encumber, assign and manage real estate assets of a permanent establishment in Switzerland and abroad.