I have 2 partly overlapping raster datasets, would like to extract pixels of one dataset that overlap with another dataset.
Is there a tool in ArcGIS for Desktop to do this?
Well, after a long search I could find the solution. Extract by Mask tool in spatial analyst toolbox can be the best solution to this question.
The intersect tool in ArcMap may be what you're looking for: http://help.arcgis.com/EN/ARCGISDESKTOP/10.0/HELP/index.html#//00080000000p000000
-Intersect will combine the overlapping section of both datasets
and if that isn't exactly what you're looking for, clip might do the job: http://webhelp.esri.com/arcgisdesktop/9.2/index.cfm?TopicName=Clip_(Analysis)
-Clip will create a new feature of the target layer based on overlap with the source layer.