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Article: Photon Dynamics Signs Definitive Agreement To Acquire Image Processing Systems Inc.
- Article from:
- PR Newswire
- Article date:
- September 28, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Expands Reach Into Display Industry - Leverages
Technology/Skills in FPD Applications
SAN JOSE, Calif., Sept. 28 /PRNewswire/ --
Photon Dynamics, Inc. (Nasdaq: PHTN) today announced it has signed a definitive agreement to acquire Image Processing Systems Inc. (IPS) (Toronto: IPV) in exchange for approximately 1.3 million shares of newly issued Photon Dynamics, Inc. common stock.
Based in Markham, Ontario, Canada, IPS is a leading global developer of e-Vision (electronic vision) technology for the display industry and other industrial markets. In the display industry, Photon Dynamics and IPS are leading companies in the design, ...