The company's purpose is to develop, produce, trade and sell programs and devices in the field of electronic information society, control technology and watches of various kinds. The company may acquire, own, exploit, rent, lease, sublease and manage rights, patents, licenses, know-how, chattels and goods 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 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 provide guarantees and sureties for subsidiaries and third parties.