The purpose of the company is the acquisition, establishment, holding, management and disposal (including liquidation) of participations in companies in Switzerland and abroad. The company may establish and dissolve branches and business establishments in Switzerland and abroad. Furthermore, the purpose of the company is the acquisition, development, holding, management, licensing and disposal (including deletion) of intellectual property rights (in particular copyrights, patents, trademarks, designs, models, plans, secret formulas, procedures or experiences). The company may acquire, create, hold, manage, encumber and dispose of real estate in Switzerland and abroad. In addition, it may provide financing for its own account or for the account of third parties and grant securities for its participations. Moreover, it may conduct all business that directly or indirectly serves the aforementioned purpose.