The company's purpose is to engage in trade and brokerage of all kinds, as well as to provide services in the areas of consulting and business management, and to provide consulting services in the fields of magnetism, sensor technology, software, and system solutions in connection with product innovation projects and production processes. The company may acquire, manage, transfer, and exploit intellectual property rights such as patents, trademarks, etc., and conduct all business and conclude contracts related to its purpose. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell, and manage real estate in Switzerland and abroad.