Comment A reimbursement is not ownership ! (Score 1) 395
If your employer reimburses you for safety glasses or steel toed shoes, they don't get access to everything you do while wearing them, do they ? Of course not.
Take it as a reimbursement, and do NOT let them even THINK that they 'own' the hardware. Note that they will need to include the $$ as part of your compensation (and you're probably gonna pay tax on it).
As far as the intellectual property issue if you 'invent something' while using the equipment, it's always a hard job proving that in a court of law. Even people who sign those 'all your brain are belong to us' agreements (sign or yer fired !) get out of them all the time. They keys usually are that the wonderful concept you developed has nothing to do with the core business of your employer.
I'd feel safe doing it this way. BUT! I'm neither a lawyer nor a tax consultant, nor do I play either role on TV. So YMMV.