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Salvador Imaging acquired from Photon Dynamics

Salvador Imaging, a provider of digital imaging products, has announced that a group of investors led by David Gardner, the company's founder and current president, has acquired 100% of the outstanding shares of the company from Photon Dynamics.

Terms of the acquisition were not announced. The acquisition will not impact employees, vendors or customers, said Salvador Imaging.

Mr Gardner said: “We see this as an extraordinary business opportunity. Transitioning Salvador to a privately held company will allow us to more effectively serve our existing customers and expand in our key markets. With the participation of our investor group, Salvador is well-capitalized and will continue to make investments in technical innovation and operational excellence.”