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OpenText Announces Amendments to its Previously Announced Tender Offer for a Portion of its Outstanding 3.875% Senior Notes due 2028

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WATERLOO, ON, Sept. 25, 2026 /PRNewswire/ — Open Text Corporation (the “Company” or “OpenText”) (NASDAQ: OTEX), (TSX: OTEX) today announced it has amended certain terms of its previously announced cash tender offer (the “Tender Offer”) for its outstanding 3.875% Senior Notes due 2028 (the “Bonds”). The Tender Offer is made on the terms and subject to the conditions set forth in the related Offer to Purchase dated September 23, 2026 (the “Offer to Purchase”), as modified by this press release. As previously announced, the Company intends to use cash on hand in addition to the proceeds from the previously announced and priced concurrent senior secured notes offering to fund the consideration for a portion of its outstanding Bonds accepted for purchase in the Tender Offer. Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.

Under the amended terms, the Company has (i) reduced the “Aggregate Maximum Tender Amount” for its outstanding Bonds from $450 million to $300 million aggregate principal amount and (ii) extended (x) the Withdrawal Deadline to 5:00 p.m., New York City time, on September 30, 2026 (originally September 29, 2026), (y) the Price Determination Date to 3:00 p.m., New York City time, on September 30, 2026 (originally September 29, 2026) and (z) the Expiration Date to 5:00 p.m., New York City time, on September 30, 2026 (originally September 29, 2026). The Settlement Date for Bonds validly tendered at or prior to the Expiration Date and accepted for purchase is expected to be October 2, 2026, the second business day after the Expiration Date (“T+2”). Except as set forth herein, all other terms and conditions of the Tender Offer, including the Financing Condition, as described in the Offer to Purchase remain unchanged. 

The Company has retained RBC Capital Markets, LLC and Citigroup Global Markets Inc. to serve as 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/.

This press release shall not constitute an offer to purchase or a solicitation of an offer to purchase the Bonds. The Company is making the Tender Offer only by, and pursuant to, the terms of the Offer to Purchase, as modified by this press release. 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 and 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.

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, as well as 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).

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SOURCE Open Text Corporation

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Connected Health & Safety Association Annual Conference Highlights Industry Growth and the Future of Connected Care

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Healthcare, technology and aging leaders convene in Nashville to shape the future of health, safety and independence

NASHVILLE, Tenn., Sept. 25, 2026 /PRNewswire/ — The Connected Health & Safety Association (CHS) concluded its 2026 Annual Conference in Nashville, bringing together more than 250 leaders from across healthcare, technology, senior living, caregiving, remote monitoring and aging services to explore the future of connected care and independent living.

The conference capped a year of significant growth for CHS, with membership increasing 55% as the organization continues to expand and represent a broader Connected Health & Safety ecosystem.

New members include organizations such as Teladoc Health, Wellthy, Sensi.AI, Tenovi, Tunstall, Intuition Robotics, care.coach, CarePredict, Pontosense and MediBioSense, reflecting the growing convergence of healthcare, artificial intelligence, remote monitoring, caregiving and safety technology.

“This was an important year for CHS and for the industry we represent,” said Geoff Gross, President of the Connected Health & Safety Association. “We are bringing together companies that share a common mission of using technology, services and human connection to help people live safer, healthier and more independent lives.”

The conference featured healthcare strategist Paul Keckley, Managing Editor of The Keckley Report, as keynote speaker, addressing the forces reshaping healthcare and the growing role of technology and care in the home.

Other featured participants included Anna Keith of Centene; Dan Conroy of Teladoc Health; Sheila Krocak of Best Buy Health; Jason Childers of Merrill Gardens; Samson Magid of HealthSnap; Amelia Hay of AARP; and leaders from an assortment of similar organizations. Discussions explored home-based care, artificial intelligence, caregiver support, remote monitoring, senior living, next-generation safety technology and investment across the industry.

“The opportunity ahead is much larger than any single technology or service,” Gross said. “Emergency response remains foundational to our industry, but increasingly our members are helping identify risk earlier, engage people more proactively and connect individuals, caregivers and healthcare organizations in entirely new ways.”

A highlight of the conference was the 2026 Connected Health & Safety Awards Gala, held at the Country Music Hall of Fame and Museum.

CHS presented its Lifetime Achievement Award to Senator Bill Frist, M.D., recognizing his career spanning medicine, public service, healthcare leadership and innovation. Nick Stengle, Chief Executive Officer of Brookdale Senior Living, received the Champion for Aging Award for his leadership and commitment to advancing the health, well-being and quality of life of older adults.

The evening also recognized Tenovi as Company of the Year and Cognitive Systems as Innovator of the Year, celebrating organizations helping shape the future of connected health and safety.

“The leaders we honored and the organizations that came together in Nashville demonstrate how quickly this ecosystem is evolving,” Gross said. “CHS is becoming the place where healthcare, technology, safety and aging come together, and we are excited to continue building on that momentum.”

The Association will celebrate its 20th anniversary at the 2027 CHS Annual Conference in Scottsdale, Arizona, October 13–15, 2027.

About the Connected Health & Safety Association

The Connected Health & Safety Association (CHS) is the leading trade association bringing together organizations advancing technologies and services that help people live safer, healthier and more independent lives. CHS represents organizations spanning personal emergency response, remote patient monitoring, virtual care, artificial intelligence, caregiving, senior living, connected devices and AgeTech.

Through advocacy, education, research and collaboration, CHS works to advance innovation and strengthen the role of connected technology in supporting aging adults, people with disabilities and the caregivers who support them.

Learn more at chsassociation.org.

Media Contact

Matt Guerrieri
matt.guerrieri@medicalguardian.com

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SOURCE The Connected Health & Safety Association

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MeetKai Takes Sovereign AI built on NVIDIA to Six Countries

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A Sovereign AI tender win in Brazil and the first national-scale AI factory in Ukraine open a six-country rollout with SERPRO, VEON and Kyivstar

LOS ANGELES and SANTA CLARA, Calif., Sept. 25, 2026 /PRNewswire/ — MeetKai today announced a six-country rollout of its sovereign AI stack, built on NVIDIA AI infrastructure, across Brazil, Ukraine, Pakistan, Kazakhstan, Uzbekistan and Bangladesh, six countries home to more than 700 million people. In each country, MeetKai’s sovereign AI platform and locally trained models will run on NVIDIA accelerated computing: MeetKai Brasil, working with SERPRO; Meetkai working with VEON (Nasdaq: VEON) and its operators in the other five markets, beginning with Kyivstar (Nasdaq: KYIV) the leading telecommunications and digital services provider in Ukraine.

MeetKai builds its stack on NVIDIA at every layer. Its national language models are trained, fine-tuned and served on NVIDIA accelerated computing. Its sovereign AI platform runs on NVIDIA accelerated computing, NVIDIA networking and NVIDIA AI Enterprise software. Its AI factory reference design for sovereign sites is specified on NVIDIA infrastructure. One platform, MK-A1 SOVIA, across every market means a model built for one country and a deployment pattern proven at one site can both be repeated at the next, with no dependency on foreign cloud services.

“Sovereign AI only works when the entire AI stack, infrastructure to models, sits inside the country,” said James Kaplan, co-founder and CEO of MeetKai. “That is a hard thing to build once and a very hard thing to build six times. Building on NVIDIA turns it into a repeatable design: the same accelerated computing under every site, our platform and national models on top. Ukraine will have AI it fully controls, Brazil takes the same approach into Latin America on the back of our sovereign AI win there, and we will replicate it in every market in between.”

MeetKai and Kyivstar, VEON’s majority owned subsidiary and leading Ukrainian digital operator, will build a sovereign AI data center in Ukraine, the first national-scale AI factory in the country, with first capacity planned to come online in 2027. The design of the facility is expected to expand from 15 to 100 MW as demand from the public sector and Ukrainian industry grows. It will be equipped with the latest NVIDIA accelerated computing and NVIDIA reference architecture and will run MeetKai’s sovereign AI platform, including Ukrainian-language models trained and hosted inside Ukraine. MeetKai and Kyivstar will operate the facility and deliver sovereign compute and AI services to the Ukrainian government, critical infrastructure operators, enterprises and Kyivstar’s own customers.

Because the platform is designed to run in isolated environments, it is expected that Ukrainian ministries, energy and transport operators, banks and defense-adjacent civil agencies will be able to train, fine-tune and run AI on their own data in fully air-gapped deployments.

Across VEON’s five markets, home to more than 150 million mobile customers and over 225 million digital customers, MeetKai acts as VEON’s AI lab-as-a-service, beginning in Ukraine followed by Pakistan, Kazakhstan, Uzbekistan and Bangladesh, with each site operated by MeetKai together with VEON’s local operator. In every market, MeetKai and its operating partners train local engineers to run and extend the sites, so AI skills diffuse into each country’s workforce and stay there.

“Every nation wants AI that runs on its own infrastructure, in its own languages, under its own rules. MeetKai is building its AI platform and national language models on NVIDIA accelerated computing, giving governments and telecom operators a full-stack foundation for AI factories deployed and operated in-country,” said Calista Redmond, VP Global AI Initiatives at NVIDIA.

In Brazil, MeetKai Brasil won SERPRO’s public tender for the national sovereign AI platform with the highest overall score. It will deploy the platform and locally trained models on NVIDIA accelerated computing in-country, including a sovereign coding agent for secure workflows, now launching with SERPRO.

The Brazilian partnership opens one of the Western hemisphere’s largest regulated markets. Brazil’s banks, insurers, energy companies and state-owned enterprises carry workloads their regulators expect to stay secure under Brazilian control, and SERPRO, the federal government’s own IT company, operates many of the systems much of that economy already runs on. The air-gapped platform Ukraine’s ministries and banks can use serves the same need in Brazil: institutions train, fine-tune and run AI on their own data, in-country. And this sovereignty is unlocked on NVIDIA accelerated computing.

MeetKai, which is also an NVIDIA Inception member, is expanding its work in Egypt with Smart Africa, building its AI stack on NVIDIA technology as part of its plans for the market. The company is among a growing group of AI innovators using NVIDIA technology to build and scale across Africa.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the planned deployment of MeetKai’s sovereign AI platform and locally trained models in Brazil, Ukraine, Pakistan, Kazakhstan, Uzbekistan and Bangladesh; the construction, equipping, expansion and operation of AI data centers, including the planned facility in Ukraine and its expected timeline; expected demand from public-sector and enterprise customers; and the expected benefits of the collaborations described. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including risks relating to the negotiation and completion of definitive agreements, the timing and completion of infrastructure projects, the availability of hardware, power and financing, regulatory approvals and export controls, political and security conditions in the markets described, and the performance of counterparties. Nothing in this press release is a guarantee of future results. Except as required by law, the companies undertake no obligation to update any forward-looking statement. Statements concerning VEON, Kyivstar or NVIDIA are subject to those companies’ own public disclosures and risk factors.

About MeetKai

MeetKai is a sovereign AI company that builds and operates national AI platforms for governments and telecommunications operators.

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Activate Named One of Canada’s Top Growing Companies for Third Consecutive Year

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Manitoba-based company grows from 50+ to 80+ locations as it expands its entertainment concept around the world

WINNIPEG, MB, Sept. 25, 2026 /CNW/ — Activate has been named to The Globe and Mail’s 2026 list of Canada’s Top Growing Companies, ranking No. 35 among 375 companies nationwide and No. 2 in arts, recreation and entertainment, with a growth percentage of 958%. The recognition marks the company’s third consecutive appearance on the annual ranking.

Since first making the list in 2024, Activate has undergone significant global expansion, growing from more than 50 locations to more than 80 today. The company now operates in 12 countries across North America, Europe, Asia and the Middle East and has welcomed more than 14 million Players worldwide.

“Activate started in Winnipeg with an idea for a completely new way to play, and we’re now building a global entertainment company from Manitoba,” said Adam Schmidt, CEO of Activate. “As we’ve expanded internationally, we’ve continued to invest in the games, technology and innovation that power the experience right here at home. That ability to build in Canada and scale around the world has been fundamental to our growth.”

That momentum continues. Additional locations are in development across North America and Europe, while Activate is preparing to enter a new continent with its first Australian location set to open in Melbourne in early 2027.

Activate’s third consecutive recognition from The Globe and Mail follows another major business milestone earlier this year, when the company ranked No. 1 in Leisure & Entertainment on the Financial Times list of The Americas’ Fastest Growing Companies 2026.

For more information, visit playactivate.com or follow @activategames on Instagram and TikTok.                                              

ABOUT ACTIVATE

The games await. Behind every door, you’ll need your reflexes, your wits, and your friends to beat them. Play against the room or against each other–it’s easy to play but hard to beat. Welcome to Activate. Headquartered in Winnipeg, Canada, Activate is North America’s fastest-growing entertainment experience with more than 80 locations across Canada, the U.S., Denmark, Germany, France, Finland, Malaysia, Mexico, Norway, Sweden, the U.K., and the U.A.E.

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SOURCE Activate

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