ALEXANDRIA, Va., July 30 -- United States Patent no. 12,373,518, issued on July 29, was assigned to Microchip Technology Inc. (Chandler, Ariz.).

"Managing ownership of an electronic device" was invented by Eileen Marando (Bellmore, N.Y.), Richard Wahler (Saint James, N.Y.), Arun Krishnan (Smithtown, N.Y.) and Randy Goldberg (Massapequa, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A device with one-time-programmable (OTP) memory, boot code, volatile memory, and non-volatile memory. Boot code may use information in OTP to authenticate code of an implicit owner of the electronic device; receive a first create owner container request; create a first owner container comprising a first signed data image; s...