SAN JOSE, Calif., Oct. 23 -- Photon Dynamics Inc., a supplier of integrated yield management solutions for the display, electronics and glass markets, announced it has signed an agreement to acquire the Rapid Thermal Processing portion of the flat-panel display capital equipment business of Intevac Inc., of Santa Clara. Intevac will sell its patented rapid thermal processing technology used for activating low temperature poly-silicon (LTPS) films during flat-panel display manufacturing for approximately $20 million and assumption of certain liabilities. 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