SAN JOSE, Calif., Sept. 5 /PRNewswire-FirstCall/ -- Photon Dynamics, Inc. (Nasdaq: PHTN - News) announced that shareholders have voted in favor of Orbotech Ltd.'s proposed acquisition of Photon Dynamics in a stock-for-cash merger at Photon Dynamics' special shareholders meeting held today. In excess of a majority of the shares outstanding were cast in favor of the proposals relating to the merger and less than one percent of shares outstanding were against the proposals relating to the merger. The merger will close upon the satisfaction or waiver of the remaining closing conditions.About Photon Dynamics, Inc.
Photon Dynamics, Inc. (Nasdaq: PHTN - News) is a global supplier utilizing advanced machine vision technology for market leading Liquid Crystal Display (LCD) flat panel display test and repair systems and for high performance digital imaging systems for defense, surveillance, industrial inspection and medical imaging applications. For more information about Photon Dynamics, visit its website at http://www.photondynamics.com.
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