EF Johnson Technologies, Inc. Announces Amended Merger Agreement with Francisco Partners

EF Johnson Technologies, Inc. (Nasdaq: EFJI) today announced that it has entered into an amendment to its merger agreement with an affiliate of Francisco Partners. Under the terms of the amended merger agreement, an affiliate of Francisco Partners will acquire all of the outstanding shares of EF Johnson Technologies' common stock for $1.50 per share in cash. This is an increase of over 42% over the $1.05 per share cash purchase price contemplated by the parties' original merger agreement previously announced on May 17, 2010. EF Johnson Technologies' Board of Directors unanimously approved the amended merger agreement.

Philippines' Fastest Growing Mobile Network Provider Once Again Taps Ceragon for 2G/3G Backhaul Expansion

Ceragon Networks (NASDAQ: CRNT) the provider of high-capacity, 4G/LTE-Ready wireless backhaul solutions, announced that Digitel Mobile Philippines will invest an additional $9 million in Ceragon's mobile backhaul network equipment in an ongoing expansion of Digitel's 2G/3G cellular services. Digitel, which operates under the brand name of Sun Cellular, is the fastest growing mobile telecommunications provider in the Republic of the Philippines, estimated to be the world's 12th most populous country with over 92 million citizens.

The newest Digitel order represents just one of numerous follow-on orders for Ceragon, a longtime provider of high-capacity wireless backhaul solutions to Digitel. The latest order puts more Ceragon gear behind a pair of expansion and upgrade projects for Digitel's 2G/3G metro network.

Mediacom Communications Announces Receipt of Going Private Proposal at $6.00 Per Share

MEDIACOM COMMUNICATIONS CORPORATION (Nasdaq: MCCC) (“Mediacom” or the “Company”) announced today that its Board of Directors received a non-binding proposal from Mediacom’s founder, Chairman and Chief Executive Officer, Rocco B. Commisso, for a going private transaction. The proposal contemplates the acquisition of all of the Class A and Class B shares of Mediacom common stock not already beneficially owned by Mr. Commisso at a price of $6.00 per share in cash. The proposed transaction will not result in a change of control with respect to the Company’s existing debt arrangements.

The Board of Directors appointed independent directors Thomas V. Reifenheiser and Natale S. Ricciardi to a special committee (the “Special Committee”) empowered to, among other things, consider the proposal.

The Competition Heats Up in Mobile Search and Advertising

May 18th 2010 – (Investorideas.com newswire) Investorideas.com, an investor research portal that covers multiple sectors including technology, showcases technology and new mobile search apps including voice and image search, within publicly traded stocks in the Mobile Search market.

The mobile search market is on the rise globally and the race is on for companies to provide innovative solutions for mobile customers and grab resulting ad revenues from search.