MAX21 AG operates as a technology holding company, which invests in firms from the information technology security and digital communications sectors. It offers services in the areas of financing, infrastructure, administration, and recruiting to its portfolio companies. It operates through the following segments: MAX 21 Group, Information Technology (IT)-Distribution, IT-Security, Hybrid and Digital Mail, and Group Functions and Consolidations. The IT Distribution segment distributes NEC ITPS products in Germany, Austria and Switzerland which is comprised of NEC visual solutions products such as displays and projectors, NEC software for virtualization, telecommunications and facial recognition. The IT Security segment designs, develops, manufactures and distributes security products in the field of login security and user authentication. The Hybrid and Digital Mail segment refers to postal services which encompasses a virtually complete range of solutions and services, from incoming mail to postal processing and outgoing mail. The company was founded by Oliver Michel and Metin Dogan on February 11, 2005 and is headquartered in Weiterstadt, Germany.