The purpose of the company is the management of its own assets, the acquisition, holding, management and sale of participations. The company may establish branches and subsidiaries in Switzerland and abroad, may participate in companies in Switzerland and abroad, may represent third parties and participate in all transactions that promote the purpose of the company or fall directly or indirectly within the company's scope of business. The company may secure financing for itself or for third parties, as well as enter into guarantees and similar legal transactions for the benefit of associated companies or third parties. The company may acquire, sell and use patents, licenses and other intellectual property.