Photon to acquire CR Technology

02/01/2000

An agreement for Photon Dynamics Inc. to purchase CR Technology is intended to expand Photon`s geographic presence and leverage its technology into new markets. Photon is a provider of inspection and test equipment for the flat panel display industry, and CR Technology manufactures X-ray and optical inspection systems. The acquisition is expected to increase Photon`s inspection capability and ensure defect-free bonding to glass substrates.