ALEXANDRIA, Va., June 10 -- United States Patent no. 12,290,911, issued on May 6, was assigned to Robert Bosch GmbH (Stuttgart, Germany).

"Electronic module and insert tool system comprising such an electronic module" was invented by Houman Ramezanian (Enntbaden, Switzerland), Joachim Loeblein (Waiblingen, Germany), Martin Scherrer (Zuchwil, Switzerland) and Stefano Delfini (Bettlach, Switzerland).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosure is based on an electronic module for an insert tool, in particular a drill bit or a chisel, including at least one electronic device for processing and/or sensing insert-tool-specific characteristics, including at least one holding device for releasably h...