The purpose of the company is to acquire, hold, manage and dispose of participations in companies in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may also acquire, hold, manage, encumber, utilize and dispose of intellectual property rights. The company may, in particular, provide financing and grant security of any kind in favor of affiliated or other companies, or otherwise secure or guarantee the obligations of such companies. The company may acquire, encumber, sell and manage business premises in Switzerland and abroad.