Photon Dynamics Completes Acquisition of Akcron

SAN JOSE, Calif., Sept. 27 -- Photon Dynamics Inc. has completed its acquisition of Akcron Corporation Ltd, which provides automated optical inspection equipment and backlight inverter manufacturing for flat panel displays, in Korea for approximately $4 million in cash.

Based in Daeduk Valley, Daejeon, South Korea, Akcron Corporation LTD. was a privately held manufacturer of automated optical inspection equipment, image processing hardware and software algorithms and high-performance liquid crystal display (LCD) backlight inverters for flat panel displays.

Photon Dynamics believes the acquisition will expand its product and technology portfolio to address LCD cell and module inspection capabilities, increase regional service to provide development applications, and further enhance its established Asian Pacific infrastructure. For more information: www.photondynamics.com.