Connect with us

Technology

Global Engineering Plastics Market to Reach USD 300 Bn. by 2034 at 7.4% CAGR as EV Lightweighting, Advanced Electronics and High-Performance Polymer Demand Accelerate Growth Maximize Market Research

Published

1 hour ago

on

PUNE, India, Sept. 30, 2026 /PRNewswire/ — The Global Engineering Plastics Market was valued at USD 125.10 Billion in 2025 and is projected to expand at a CAGR of 7.4% from 2026 to 2034, reaching nearly USD 300 Billion by 2034, according to a new analysis by Maximize Market Research.

Global Engineering Plastics Market

The Global Engineering Plastics Market Report 2025 provides a detailed analysis of market trends, lightweight material demand, automotive applications, electrical and electronics consumption, industrial machinery use, sustainable polymers, competitive strategies, and forecasts through 2034. Engineering plastics are high-performance polymer materials known for mechanical strength, heat resistance, chemical resistance, dimensional stability, and electrical insulation. Key materials include Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Thermoplastic Polyesters such as PET and PBT, Polyacetals (POM), and other advanced polymers. Demand is increasing across automotive, electric vehicles, electronics, industrial equipment, healthcare, aerospace, packaging, and consumer goods as manufacturers replace metals with lighter and more durable materials.

The Global Engineering Plastics Market is growing as electric vehicle production, electronics manufacturing, industrial automation, and demand for lightweight materials continue to expand. Automotive & Transportation remained the leading end-use industry in 2025, supported by the use of engineering plastics in battery housings, interior parts, fuel systems, electronic modules, lighting systems, and structural components. Polyamide (PA) held the dominant position by type because of its strength, wear resistance, heat resistance, and chemical stability. Polycarbonate is also gaining momentum across EV battery enclosures, electronic housings, medical devices, LED lighting, and safety applications. Growth in 5G infrastructure, renewable energy, smart devices, and industrial machinery is further supporting demand for high-performance engineering plastics.

A major shift in the Engineering Plastics Market is the growing focus on materials that combine high performance with better sustainability. Manufacturers are expanding the use of recycled polymers, bio-based grades, fiber-reinforced compounds, and advanced formulations for applications that require lower weight, durability, flame resistance, and thermal stability. BASF highlighted sustainable engineering plastics for automotive, e-mobility, electronics, and packaging applications in 2026, while Covestro introduced lower-carbon polycarbonate solutions for portable power systems, robotics, EV charging, and data-center equipment. Toray Industries is also increasing PPS compound capacity in India, reflecting the industry’s broader push toward regional supply expansion and higher-performance engineering materials through 2034.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.maximizemarketresearch.com/request-sample/80012/ 

The Global Engineering Plastics Market is entering a stronger growth phase as electric vehicles, lightweight automotive design, advanced electronics, and industrial automation increase demand for high-performance polymers. Manufacturers are focusing on materials that provide strength, heat resistance, electrical insulation, durability, and lower weight. At the same time, recycled polymers, bio-based engineering plastics, and advanced composites are reshaping product development. Maximize Market Research highlights the key trends expected to shape the market through 2034.

Global Engineering Plastics Market Size & Forecast

Parameter

Value

Market Size (Base Year 2025)

USD 125.10 Billion

Forecast Market Size (2034)

USD 300 Billion

CAGR (2026–2034)

7.4 %

Base Year

2025

Forecast Period

2026–2034

Historical Period

2020–2025

Global Engineering Plastics Market Trends & Insights

Lightweight material substitution is becoming a major trend across automotive and electric vehicle manufacturing. Engineering plastics are increasingly replacing metals in battery systems, interior components, structural parts, and under-the-hood applications because they help reduce vehicle weight while maintaining mechanical strength, durability, and safety. This trend is also supporting efforts to improve fuel efficiency and extend EV driving range.Demand for high-performance engineering plastics is increasing across electrical and electronics applications. Growth in electric vehicles, 5G infrastructure, consumer electronics, industrial automation, and smart devices is supporting wider use of polyamide, polycarbonate, PBT, PPS, and PEEK. These materials are valued for electrical insulation, flame resistance, thermal stability, and dimensional accuracy.Sustainability is becoming a stronger competitive factor in the Global Engineering Plastics Market. Manufacturers are investing in bio-based polymers, recycled engineering plastics, chemically recycled materials, and closed-loop production systems as environmental regulations and corporate sustainability targets become more important. Developing recycled materials with performance close to virgin polymers is emerging as a key industry focus.Advanced polymer formulations are opening new opportunities in high-value industrial applications. Glass-fiber reinforced, carbon-fiber reinforced, flame-retardant, and wear-resistant engineering plastics are gaining use across aerospace, medical devices, robotics, renewable energy systems, industrial machinery, and additive manufacturing. These materials are allowing engineering plastics to move into applications previously dominated by metals and specialty alloys.Asia Pacific remains the leading region in the Global Engineering Plastics Market, supported by its large manufacturing base, automotive production, electrical and electronics industry, and rapid industrialization. China, Japan, South Korea, and India account for significant regional demand, while government support for electric mobility, renewable energy, and industrial automation is further increasing the use of high-performance engineering plastics.

Global Engineering Plastics Market Dynamics

Lightweight and High-Performance Material Demand Drives Market Growth
The growing need to reduce product weight while maintaining strength, heat resistance, chemical stability, and durability is driving the Global Engineering Plastics Market. Automotive, aerospace, electrical & electronics, industrial machinery, and consumer goods manufacturers are increasingly replacing metals with engineering plastics. In electric vehicles, lightweight polymer components can also support better energy efficiency and driving range.

Raw Material Costs and Environmental Regulations Restrain Market Growth
Engineering plastics are largely produced from petrochemical feedstocks, making manufacturers vulnerable to fluctuations in crude oil and raw material prices. At the same time, stricter regulations on plastic waste, recycling, and carbon emissions are increasing compliance pressure. High production costs for specialty polymers and limited recycling infrastructure for some high-performance materials can also restrict wider adoption.

EVs, Electronics, and Advanced Applications Create New Opportunities
The rapid expansion of electric vehicles, 5G infrastructure, renewable energy systems, and smart electronics is creating strong opportunities for engineering plastics. Materials such as PA, PC, PBT, PPS, and PEEK are increasingly used in battery systems, charging infrastructure, connectors, sensors, and electrical components because of their insulation, flame resistance, thermal stability, and lightweight properties.

Sustainability and Recycling Requirements Create Market Challenges
The market continues to face pressure to deliver high performance while reducing environmental impact. Manufacturers are investing in bio-based plastics, recycled polymers, fiber-reinforced composites, and closed-loop recycling systems, but maintaining consistent quality and performance remains challenging. The need to balance sustainability, cost, durability, recyclability, and regulatory compliance is becoming an important competitive issue across the industry.

Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More) https://www.maximizemarketresearch.com/request-sample/80012/ 

Global Engineering Plastics Market Segmentation

The Global Engineering Plastics Market is segmented by Type, End-Use Industry, and Region. Rising demand for lightweight materials, high-performance polymers, electric vehicles, electrical & electronics applications, industrial machinery, and advanced manufacturing is supporting market development across these segments. 

Segmentation

Sub-Segments

By Type

Acrylonitrile Butadiene Styrene (ABS); Polyamide (PA); Polycarbonate (PC); Thermoplastic Polyesters (PET/PBT); Polyacetals (POM); Others

By End-Use Industry

Automotive & Transportation; Electrical & Electronics; Industrial & Machinery; Packaging; Others

By Region

North America; Europe; Asia Pacific; Middle East & Africa; South America

Asia Pacific Remains the Largest Engineering Plastics Market, with Europe Advancing Through Lightweighting and Sustainable Materials

Asia Pacific is the leading region in the Global Engineering Plastics Market, supported by a strong manufacturing base, rapid industrialization, and expanding automotive, electrical & electronics, and consumer goods industries across China, Japan, South Korea, India, and other Asian economies. The region benefits from large-scale production of automobiles, electric vehicles, consumer electronics, industrial machinery, and electrical equipment. Government support for electric mobility, renewable energy, and industrial automation is also increasing demand for high-performance engineering plastics.

North America is expected to register strong growth in the Engineering Plastics Market, supported by rising demand for lightweight materials in electric vehicles, aerospace, medical devices, and industrial automation. The region is also seeing greater investment in sustainable polymers, advanced composites, additive manufacturing, and precision engineering. These developments are expanding the use of engineering plastics in technically demanding and high-value applications.

Europe continues to hold a significant position in the Global Engineering Plastics Market, supported by strict fuel-efficiency and carbon-emission regulations, strong automotive and aerospace industries, and rising demand from electrical & electronics applications. The region’s focus on lightweight materials, recyclable polymers, and sustainable manufacturing is encouraging wider adoption of advanced engineering plastics across transportation and industrial applications.

South America is witnessing steady development in the Engineering Plastics Market as automotive manufacturing, consumer goods production, packaging demand, and industrial infrastructure continue to expand. Improving manufacturing activity and greater use of durable, lightweight, and high-performance materials are supporting regional demand for engineering plastics across multiple industrial applications.

The Middle East & Africa Engineering Plastics Market is gradually expanding, supported by industrial diversification, infrastructure development, construction activity, and increasing investment in manufacturing and petrochemical industries. Growing demand for engineering plastics in electrical applications, industrial components, and construction-related products is creating new opportunities across the region.

Leading Companies Strengthen the Global Engineering Plastics Market

BASF SE, SABIC, Covestro AG, Celanese Corporation, DuPont de Nemours, Inc., LANXESS AG, Mitsubishi Chemical Group Corporation, Solvay, LG Chem Ltd., Toray Industries, Inc., Arkema S.A., Evonik Industries AG, Victrex plc, Envalior, and other major players are strengthening their position in the Global Engineering Plastics Market through product innovation, capacity expansion, specialty resin development, and sustainable material solutions. Companies are investing in polyamide, polycarbonate, PBT, POM, PPS, PEEK, recycled polymers, bio-based materials, and high-performance composites to serve electric mobility, electronics, industrial automation, healthcare, and aerospace applications.

Global Engineering Plastics Market Competitive Landscape

The Global Engineering Plastics Market is shaped by material performance, thermal stability, chemical resistance, flame retardancy, lightweight properties, pricing, production capacity, R&D capability, and global distribution strength. Competition is increasingly moving toward sustainable and high-performance polymers as manufacturers invest in recycled engineering plastics, bio-based materials, advanced composites, and specialty grades for EVs, electronics, renewable energy, and industrial automation. Recent developments from BASF, Covestro, and Toray Industries show how strongly the market is shifting toward sustainable materials, advanced applications, and regional capacity expansion. Companies that can combine strong technical performance, material innovation, reliable supply, sustainability, and application-specific solutions are continuing to strengthen their position in the global market.

Immediate Delivery Available | Buy this Research Report (Insights, Charts, Tables, Figures and More) https://www.maximizemarketresearch.com/checkout/80012/ 

Global Engineering Plastics Market Key Players

North America

DuPont de Nemours, Inc. – United StatesCelanese Corporation – United StatesEastman Chemical Company – United StatesRTP Company – United StatesEnsinger Inc. – United StatesAvient Corporation – United StatesLubrizol Corporation – United StatesDow Inc. – United StatesHuntsman Corporation – United StatesAscend Performance Materials – United StatesSolvay Specialty Polymers USA, LLC – United StatesAvient Corporation – United States

Europe

13. BASF SE – Germany

14. Covestro AG – Germany

15. LANXESS AG – Germany

16. Arkema S.A. – France

17. LyondellBasell Industries N.V. – Netherlands

18. EMS-CHEMIE Holding AG – Switzerland

19. Syensqo – Belgium

20. Evonik Industries AG – Germany

21. Victrex plc – United Kingdom

22. Envalior – Netherlands

23. Röchling SE & Co. KG – Germany

24. Radici Group – Italy

25. Kuraray Co., Ltd. – Germany/Europe

26. INEOS Styrolution Group GmbH – Germany

27. DOMO Chemicals GmbH – Germany

Asia Pacific

28. Mitsubishi Chemical Group Corporation – Japan

29. Toray Industries, Inc. – Japan

30. Teijin Limited – Japan

31. LG Chem Ltd. – South Korea

32. Sumitomo Chemical Co., Ltd. – Japan

33. Idemitsu Kosan Co., Ltd. – Japan

34. Formosa Plastics Corporation – Taiwan

35. Chi Mei Corporation – Taiwan

36. KOLON ENP, Inc. – South Korea

37. Asahi Kasei Corporation – Japan

38. Polyplastics Co., Ltd. – Japan

39. Daicel Corporation – Japan

40. Mitsui Chemicals, Inc. – Japan

41. UBE Corporation – Japan

42. JSR Corporation – Japan

43. LOTTE Chemical Corporation – South Korea

44. Zhejiang NHU Co., Ltd. – China

45. Tosoh Corporation – Japan

46. Nilit Ltd. – Israel

Middle East & Africa

47. SABIC – Saudi Arabia

48. Borouge – United Arab Emirates

49. QAPCO (Qatar Petrochemical Company) – Qatar

South America

50. Braskem S.A. – Brazil

Frequently Asked Questions;

1. Which region has the largest share in the Global Engineering Plastics Market?
Ans: The Asia Pacific region held the highest share in 2025 in the Global Engineering Plastics Market.

2. What are the key factors driving the growth of the Global Engineering Plastics Market?
Ans: Rising Demand in Automotive Sector to boost the global Engineering Plastics Market growth.

3. Who are the key competitors in the Global Engineering Plastics Market?
Ans: BASF SE, SABIC, Solvay, and Covestro are the key competitors in the Global Engineering Plastics Market.

4. What are the opportunities for the Global Engineering Plastics Market?
Ans: Electric Vehicles (EVs) & Lightweighting Create Opportunities for Engineering Plastics Market Growth.

5. Which type segment dominates the Global Engineering Plastics Market?
Ans: The polyacetals segment dominated the Global Engineering Plastics Market.

Access Full Summary: https://www.maximizemarketresearch.com/market-report/global-engineering-plastics-market/80012/ 

Analyst Perspective
The Global Engineering Plastics Market is moving toward a more application-driven growth phase as manufacturers place greater value on lightweighting, durability, heat resistance, electrical performance, and material efficiency. Demand is being reinforced by electric vehicles, advanced electronics, industrial automation, and high-performance machinery, while materials such as Polyamide, Polycarbonate, PBT, POM, PPS, and PEEK continue to gain wider industrial use. At the same time, raw material price volatility, recycling limitations, and stricter environmental requirements remain important challenges. Through 2034, stronger opportunities are expected from sustainable polymers, recycled engineering plastics, advanced composites, EV components, electronics, additive manufacturing, and circular material solutions.

Related Reports:

High-Performance Polyamides Market by Type, Product Specialty Type, Manufacturing Process, End-Use Industry, and Region – Global Forecast to 2034.

PEEK Market by Type, End Use, and Region – Global Forecast to 2034.

Polysulfone Market by Type, Application, Form, End User, Processing Method, and Region – Global Forecast to 2034.

Polycarbonate Films Market by Type, Thickness, Application, and Region – Global Forecast to 2034.

Acrylonitrile Butadiene Styrene (ABS) Market by Application and Region – Global Forecast to 2034.

Nylon Market by Product, Application, Packaging Type, and Region – Global Forecast to 2034.

Engineering Plastic Compound Market by Polymer Type, Reinforcement Type, Processing Method, End-User Industry, and Region – Global Forecast to 2034.

About Maximize Market Research – Global Engineering Plastics Market
Maximize Market Research is a global market research and business consulting firm providing data-driven insights across the Chemical & Material, engineering plastics, specialty polymers, automotive materials, electrical & electronics, industrial machinery, sustainable materials, and related sectors. Its Global Engineering Plastics Market research covers Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Thermoplastic Polyesters (PET/PBT), Polyacetals (POM), automotive & transportation, electrical & electronics, industrial & machinery, packaging, lightweight materials, high-performance polymers, recycled plastics, bio-based polymers, advanced composites, regional demand, competitive strategies, capacity expansion, and emerging material technologies, helping businesses understand market changes and identify new growth opportunities through 2034.

Piperonyl Butoxide (PBO) Market 2025–2032: Advancing Global Pest-Control Efficiency with High-Purity Synergists, Sustainable Production, and Enhanced Public Health Applications – MMR Statistics

MMR Statistics is a part of Maximize Market Research, developed to provide quick access to market size, industry data, forecasts, trends, and statistical insights across a wide range of sectors. It presents research data in multiple formats, making it easier for businesses, analysts, and decision-makers to use market intelligence for presentations, strategy, benchmarking, and business planning.

Rising demand for the 3D cell cultures fuels growth in the Spheroids Market (2025-2032) – Stellar Market Research

Stellar Market Research is a strategic partner of Maximize Market Research, providing global and region-wise market research reports across multiple industries. Its research focuses on market trends, competitive developments, regional opportunities, industry dynamics, and growth outlooks, complementing Maximize Market Research with broader market coverage and region-specific business intelligence.

Contact:
Lumawant Godage
MAXIMIZE MARKET RESEARCH PVT. LTD.
+91 96073 65656
Email: sales@maximizemarketresearch.com
Visit Our Web Site: https://www.maximizemarketresearch.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/global-engineering-plastics-market-to-reach-usd-300-bn-by-2034-at-7-4-cagr-as-ev-lightweighting-advanced-electronics-and-high-performance-polymer-demand-accelerate-growth-maximize-market-research-302894531.html

SOURCE Maximize Market Research Pvt. Ltd.

Related Topics:
Continue Reading

Technology

OpenText Announces Pricing Terms and Results of Cash Tender Offer

Published

26 minutes ago

on

September 30, 2026

By

WATERLOO, ON, Sept. 30, 2026 /CNW/ — Open Text Corporation (“OpenText” or the “Company”) (NASDAQ: OTEX), (TSX: OTEX) today announced the pricing terms and results of its previously announced tender offer (the “Tender Offer”) to purchase for cash up to $300,000,000 aggregate principal amount of its outstanding 3.875% Senior Notes due 2028 (the “Bonds”) (subject to increase or decrease by the Company, the “Aggregate Maximum Tender Amount”), upon the terms and subject to the conditions set forth in the Offer to Purchase, dated September 23, 2026, as amended by the Company’s press release dated September 25, 2026 (the “Offer to Purchase”).

The “Tender Offer Consideration” for each $1,000 principal amount of the Bonds validly tendered and accepted for purchase pursuant to the Tender Offer was determined by reference to the fixed spread over the yield to maturity based on the bid side price of the reference U.S. Treasury Security as specified below, and will be payable to the registered holders (“Holders”) of the Bonds who validly tendered and did not validly withdraw their Bonds at or before 5:00 p.m., New York City time, on September 30, 2026 and whose Bonds are accepted for purchase by the Company. The reference yield (as determined pursuant to the Offer to Purchase) was determined at 3:00 p.m., New York City time, today, September 30, 2026, by the Dealer Managers (as defined below).

Payments for the Bonds purchased will include accrued and unpaid interest from and including the last interest payment date applicable to the Bonds up to, but not including, the settlement date for the Bonds accepted for purchase. The settlement date for the Bonds validly tendered on or prior to 5:00 p.m., New York City time, on September 30, 2026 (the “Expiration Date”) is expected to be October 2, 2026, two business days following the Expiration Date.

According to information received from Global Bondholder Services Corporation, the tender and information agent for the Tender Offer (the “Tender and Information Agent”), as of the Expiration Date, the Company had received valid tenders from the Holders of the Bonds that were not validly withdrawn as set forth in the table below.

Title of
Bonds

CUSIP/ISIN
Numbers1

Aggregate
Maximum
Tender
Amount

Principal
Amount
Tendered

Reference
U.S.
Treasury
Security

Fixed
Spread
(basis
points)

Reference
Yield

Tender Offer
Consideration2

3.875%
Senior
Notes due
2028

683715AC0
(144A) /
C69827AC4 
(Reg S)

US683715AC05
(144A) /
USC69827AC45
(Reg S)

$300,000,000

$697,563,000

4.250% U.S.
Treasury due
February 15,
2028

+50

4.773‌%

$981.71

No representation is made as to the correctness or accuracy of the CUSIP/ISIN Numbers listed in this press release or printed on the Bonds. They are provided solely for the convenience of the Holders of the Bonds.For each $1,000 principal amount of Bonds validly tendered at or prior to the Expiration Date and accepted for purchase by the Company, which does not include accrued interest.

The Company will accept for payment the Aggregate Maximum Tender Amount of the validly tendered Bonds. The Bonds validly tendered will be subject to a proration factor of 43.047752%, with appropriate adjustments downward to the nearest $1,000 principal amount to avoid the purchases in principal amounts other than in integral multiples of $1,000.

Full details of the terms and conditions of the Tender Offer are described in the Offer to Purchase, which was sent by the Company to Holders of the Bonds. Holders of the Bonds are encouraged to read the Offer to Purchase as it contains important information regarding the Tender Offer.

As of the date of this press release, the Company expects to close its concurrent senior secured notes offering on October 1, 2026 and intends to use the net proceeds thereof, together with cash on hand, to fund, in the aggregate (i) the redemption in full of its outstanding 6.900% Senior Secured Notes due 2027 (the “2027 Notes”), including the payment of the applicable redemption premium, accrued and unpaid interest and related costs and expenses, and (ii) the consideration for any of the Bonds accepted for purchase in the Tender Offer, up to the Aggregate Maximum Tender Amount, plus accrued interest and related costs and expenses, both of which are expected to settle on October 2, 2026.

The Company has retained RBC Capital Markets, LLC and Citigroup Global Markets Inc. to serve as dealer managers (the “Dealer Managers”) for the Tender Offer. Global Bondholder Services Corporation has been retained to serve as the Tender and Information Agent for the Tender Offer. Questions regarding the Tender Offer may be directed to RBC Capital Markets, LLC, Attention: Liability Management Team, Phone: (212) 618-7843, Toll-Free: (877) 381-2099, Email: liability.management@rbccm.com, and Citigroup Global Markets Inc., Attention: Liability Management Group, Toll Free: (800) 558-3745, Collect: (212) 723-6106, Email: ny.liabilitymanagement@citi.com. Requests for the Offer to Purchase may be directed to Global Bondholder Services Corporation at (212) 430-3774 (for banks and brokers only) and (855) 654-2014 (for all others toll-free), and by email at contact@gbsc-usa.com. Additionally, copies of the Offer to Purchase are available at the following webpage: https://www.gbsc-usa.com/opentext/.

The Company is making the Tender Offer only by, and pursuant to, the terms of the Offer to Purchase. None of the Company, the Dealer Managers, or the Tender and Information Agent makes any recommendation as to whether Holders of the Bonds should tender or refrain from tendering their Bonds. Holders of the Bonds must consult their own investment and tax advisors and make their own decisions as to whether to tender their Bonds and, if so, the principal amount of the Bonds to tender. The Tender Offer is not being made to Holders of the Bonds in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offer to be made by a licensed broker or dealer, the Tender Offer will be deemed to be made on behalf of the Company by the Dealer Managers, or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities, including the senior secured notes, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The senior secured notes and the related guarantees were offered in the United States pursuant to Rule 144A (“Rule 144A”) and Regulation S (“Regulation S”) under the Securities Act of 1933, as amended (the “Securities Act”), and were not offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act), except to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act and to certain persons in offshore transactions in reliance on Regulation S under the Securities Act.

This press release shall not constitute a notice of redemption under the indenture governing the 2027 Notes, and the redemption is subject to the conditions set forth in the applicable notice of redemption, including the financing condition described therein. Such notice has been made only in accordance with the provisions of the indenture governing the 2027 Notes. There can be no assurances as to whether the redemption will be effected as described above.

OTEX-F

About OpenText

OpenText™ is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence. Our technologies turn data into information with context to form the knowledge base for enterprise AI.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText’s current expectations, estimates, forecasts and projections including about the previously announced and priced concurrent senior secured notes offering, the conditional redemption and the Tender Offer, and the operating environment, economies and markets in which OpenText operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText’s assumptions, although considered reasonable by OpenText at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the Securities and Exchange Commission and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2026 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s).

View original content to download multimedia:https://www.prnewswire.com/news-releases/opentext-announces-pricing-terms-and-results-of-cash-tender-offer-302895089.html

SOURCE Open Text Corporation

Continue Reading

Technology

Paramount Skydance and Warner Bros. Discovery Announce Anticipated Closing Date of Paramount Merger

Published

27 minutes ago

on

September 30, 2026

By

NEW YORK, Sept. 30, 2026 /PRNewswire/ — Paramount Skydance Corporation (NASDAQ: PSKY) (“PSKY”) and Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“WBD” or “Warner Bros. Discovery”) today announced that the merger (the “Merger”) contemplated by the Agreement and Plan of Merger, dated as of February 27, 2026 (the “Merger Agreement”), by and among WBD, PSKY and Prince Sub Inc., is expected to close on October 6, 2026 (the “Anticipated Closing Date”), subject to customary closing conditions.

As previously disclosed, at the effective time of the Merger (the “Effective Time”), each share of WBD common stock issued and outstanding immediately prior to the Effective Time (other than shares of WBD common stock to be canceled for no consideration in accordance with the Merger Agreement or as to which appraisal rights have been properly exercised) will be converted into the right to receive, without interest, an amount in cash equal to (x) $31.00 plus (y) (i) $0.00277778 multiplied by (ii) the number of calendar days elapsed after September 30, 2026 to and including the date on which the closing of the Merger occurs (the “Closing Date”). Accordingly, if the Closing Date occurs on the Anticipated Closing Date, at the Effective Time, each such share of WBD common stock will be converted into the right to receive, without interest, an amount in cash equal to $31.01666668.

About Warner Bros. Discovery

Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of branded content across television, film, streaming and gaming. Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, HBO Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others.

About Paramount, a Skydance Corporation

Paramount, a Skydance Corporation (Nasdaq: PSKY) is a leading, next‑generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. The Company’s portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, SHOWTIME®, Paramount+, Pluto TV, Skydance Animation, Film, Television, and Interactive/Games, and the newly established Paramount Sports Entertainment. For more information, please visit www.paramount.com.

Cautionary Statement Concerning Forward-Looking Statements

Information set forth in this communication constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding WBD’s expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or similar words. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Discovery as of the date hereof.

Forward-looking statements include, without limitation, statements about the benefits of the Merger, future financial and operating results, the combined company’s plans, objectives, expectations and intentions, and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of WBD’s management and are subject to significant risks and uncertainties outside of our control. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements are the following: (1) the completion of the Merger may not occur on the anticipated terms and timing or at all; (2) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger; (3) risks that any of the closing conditions to the Merger may not be satisfied in a timely manner; (4) risks related to litigation brought in connection with the Merger; (5) risks related to disruption of management time from ongoing business operations due to the Merger; (6) effects of the announcement, pendency or completion of the Merger on the ability of WBD to retain customers and retain and hire key personnel and maintain relationships with suppliers, distributors, advertisers, content providers, vendors and other business partners, and on its operating results and business generally; (7) negative effects of the announcement or the consummation of the Merger on the market price of WBD common stock; (8) risks related to the potential impact of general economic, political and market factors on the companies or the Merger; (9) inherent uncertainties involved in the estimates and assumptions used in the preparation of financial projections; (10) the ability to obtain or consummate financing or refinancing related to the Merger; and (11) the response of WBD or PSKY management to any of the aforementioned factors. WBD’s actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risks related to the Merger. Discussions of additional risks and uncertainties are contained in WBD’s filings with the Securities and Exchange Commission, including but not limited to WBD’s most recent Annual Report on Form 10-K, reports on Form 10-Q and Form 8-K and the definitive proxy statement filed by WBD in connection with the Merger. WBD is not under any obligation, and expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law. Persons reading this communication are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof.

WBD Investor Contact:
Investor.Relations@wbd.com
212-548-5882

WBD Media Contacts:
Megan Klein
Megan.Klein@wbd.com
310-210-5018

Joe Libonati
Joe.Libonati@wbd.com
917-287-6763

Paramount Investor Contacts: 
Kevin Creighton
Kevin.Creighton@paramount.com

Logan Thomas
Logan.Thomas@paramount.com

Paramount Media Contacts:
Melissa Zukerman
msz@paramount.com

Laura Watson
Laura.Watson@paramount.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/paramount-skydance-and-warner-bros-discovery-announce-anticipated-closing-date-of-paramount-merger-302895095.html

SOURCE Warner Bros. Discovery, Inc.

Continue Reading

Technology

Leading Korean Brokerage Connects to Bruce Markets’ U.S. Equities Data Feed, Reducing Risks of Blind Trading

Published

27 minutes ago

on

September 30, 2026

By

Toss Securities joins Meritz Securities on Bruce ATS as demand for greater resilience grows in South Korea following market data outages 

CHICAGO and SEOUL, South Korea, Oct, 1, 2026 /PRNewswire/ — Bruce Markets, which operates the overnight U.S. equities trading venue Bruce ATS, today announced that Toss Securities, a licensed Korean brokerage and the investing service within Toss, Korea’s No.1 financial superapp, has connected to Bruce ATS’ market data feed for overnight U.S. equities, reducing the risk of blind trading for customers.

The integration follows Meritz Securities becoming Bruce Markets’ first market-data client in South Korea, as demand grows for increased market structure resilience following recent market data outages.

“Korean investors are a critical force in the U.S. overnight market. They shouldn’t face needless data blackouts from a single ATS outage, especially when other venues have available liquidity,” said Jason Wallach, CEO of Bruce Markets. “By integrating Bruce Markets’ data for U.S. equities, Toss Securities is providing better resilience for its customers, who will no longer need to resort to blind trading if one venue goes down.”

This comes amid the continued expansion of overnight U.S. equity trading activity. Across the three leading overnight ATSs, Q2 2026 activity reached 11.14 billion shares and $391.2 billion in notional value, increases of 34% and 59% from Q1, respectively, according to the Bruce Q2 Overnight Market Review. Bruce ATS outpaced that broader growth in Q2, with executed volume increasing 144% to 1.16 billion shares and executed notional rising 105% to $49.03 billion.

Meeting Korean investors’ growing demand for U.S. equities calls for a competitive, multi-venue ecosystem that strengthens market resilience and gives brokers, traders and liquidity providers multiple pathways to see and reach liquidity across changing market conditions.

About Bruce Markets

Bruce Markets operates Bruce ATS™, a U.S. equities alternative trading system enabling overnight trading from 8:00 PM to 4:00 AM ET. Underpinned by exchange-grade technology and market rules, led by industry veterans and backed by leading firms from across the trading ecosystem, Bruce provides a high-performance, resilient venue that bridges the U.S. after-hours and pre-market sessions. By providing a credible source of after-hours liquidity for brokers and investors and leading the evolution of always-available markets, Bruce brings needed competition to the ecosystem and is redefining after-hours trading worldwide. To learn more, visit www.brucemarkets.com.

Media Contact

Forefront Communications for Bruce Markets
bruce@forefrontcomms.com 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/leading-korean-brokerage-connects-to-bruce-markets-us-equities-data-feed-reducing-risks-of-blind-trading-302894812.html

SOURCE Bruce Markets

Continue Reading

Trending