Research and development of software and hardware as well as their application; trade, production and provision of services in the fields of telecommunications, media, entertainment and automation. 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 acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties. Furthermore, it may trade in intellectual property rights, in particular patents, patent rights and trademark rights, as well as acquire and grant licenses under such rights.