The purpose of the company is (a) the sale of cloud software products, which includes the creation, development and sale of solutions as well as the provision of related services, and (b) the acquisition, sale and management of intellectual property rights of all kinds, including trademarks, trade names, patents, designs, copyrights, know-how and goodwill, each in the Europe-Middle East-Africa (EMEA) region. Within the framework of this purpose, the company may in particular provide technical and administrative services. It may also participate in the financing of other companies in the group to which the company belongs, in the general interest of this group, including by providing guarantees and securities of all kinds. The company may carry out its activities worldwide on its own account or in cooperation with third parties; it may also participate in industrial and commercial companies and establish branches or subsidiaries in Switzerland and abroad. Furthermore, the company may also carry out all industrial, commercial, financial or other activities that are directly or indirectly related to the purpose of the company, as well as carry out any other business that is in the interest of the company.