ALEXANDRIA, Va., June 12 -- United States Patent no. 12,302,257, issued on May 13, was assigned to SIGNIFY HOLDING B.V. (Eindhoven, Netherlands).

"Asset-tracking system" was invented by Xiangyu Wang (Eindhoven, Netherlands), Armand Michel Marie Lelkens (Heerlen, Netherlands) and Octavio Alejandro Santana Arnaiz (Eindhoven, Netherlands).

According to the abstract* released by the U.S. Patent & Trademark Office: "The invention provides a target tag (10) for object tracking, wherein the target tag (10) is configured to detect listener beacon signals emitted by a plurality of listener nodes (110), wherein the target tag (10) has access to transmission power-related data and receiver sensitivity-related data of the plurality of listener nodes ...