Photon Dynamics, Inc.
Acquired1 known investors
Photon Dynamics supplied test, inspection and repair systems for flat-panel displays and printed circuit boards.
Also known as Photon Dynamics
Investors · 1
Company profile
researched Aug 2026Photon Dynamics, Inc. was a San Jose, California-based technology company in the semiconductor process sector that designed, developed, manufactured and marketed electronic parts and electronic communications equipment. Its product portfolio spanned printed circuit boards, flat panel displays, touch screens and automated optical inspection equipment, and it served customers worldwide.
The company was best known as a provider of test and repair systems for the flat-panel display industry, positioning its offerings within yield management for display manufacturing. It operated as a privately held company at the time it was listed as a client of CFO services firm FLG Partners, under an accounting advisory and directorship assignment.
Business model
The company designed, manufactured and sold capital equipment and systems — including test, repair and automated optical inspection systems — to manufacturers of flat panel displays, touch screens and printed circuit boards.
Latest developments
In June 2008, Orbotech Ltd. signed a definitive agreement to acquire Photon Dynamics for $290 million in stock. Jeffrey Hawthorne served as president and chief executive of Photon Dynamics at the time of the announcement.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Photon Dynamics was a provider of test and repair systems for the flat-panel display industry; its acquisition by Orbotech was intended to combine those systems with Orbotech's automated optical inspection and process control products to offer flat-panel display customers a complete line of yield management solutions.
Technology
Test, repair and automated optical inspection systems used in the production of flat panel displays, touch screens and printed circuit boards.
Go-to-market
Manufacturers of flat-panel displays, touch screens and printed circuit boards, served on a worldwide basis.
Geography
Headquartered in San Jose, California, with customers worldwide; acquired by Israel-based Orbotech Ltd.
History
Photon Dynamics operated from San Jose, California in the flat-panel display and printed circuit board equipment market. In June 2008 it agreed to be acquired by Orbotech Ltd. of Israel for $290 million in stock, a transaction Orbotech described as central to its growth and diversification strategy in flat-panel displays.
Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.
Timeline · 1
launches, deals, and filingsOrbotech Ltd. of Israel signed a definitive agreement to acquire Photon Dynamics, a provider of test and repair systems for the flat-panel display industry, for $290 million in stock. The transaction was described as part of Orbotech's strategy for growth and diversification in flat-panel display, adding yield management capabilities alongside Orbotech's automated optical inspection and process control systems.
$290M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 4
primary sources listed
- Photon Dynamics, Inc.photondynamics.com · web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Photon Dynamics, Inc. do?
- Photon Dynamics supplied test, inspection and repair systems for flat-panel displays and printed circuit boards.
- Who are Photon Dynamics, Inc.'s investors?
- Photon Dynamics, Inc.'s investors include SPRINGROCK VENTURES.