The company's purpose is to hold and sell patents and licenses in the field of acoustics, as well as to produce and market professional audio equipment. Furthermore, the company is engaged in research and development in the field of audio technology. In addition, the company may conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, in particular to participate in companies of a similar nature at home and abroad, and to acquire and sell real estate. The company may establish branches in Switzerland and abroad. It is authorized to take financing, restructuring and intercession measures in favor of shareholders, group companies or third parties.