The purpose of the company is the design, development, production and distribution of high-tech products, in particular precision automation systems, controls/drivers, software, lasers, opto-mechanical components and related products. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may grant loans or other financing to its direct and indirect subsidiaries and provide security of any kind for liabilities of such companies. The company may acquire, manage and sell real estate in Switzerland and abroad. The company may engage in all activities that are connected with the purpose of the company.