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Riversand Hires York Richards as Chief Financial Officer

Riversand Technologies, a worldwide provider of Master Data Management (MDM), Product Information Management (PIM) and Data Quality solutions, today announced the hiring of York Richards as Chief Financial Officer. Mr. Richards joins Riversand’s Executive team with over 15 years of experience in the field of software accounting and finance. Having served in similar roles at several technology companies, Mr. Richards will be responsible for overall financial operations and reporting for Riversand.

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Chart Industries to Acquire AirSep Corporation

Chart Industries has entered into a definitive agreement to acquire AirSep Corporation for $170 million in cash and up to $10 million in assumed debt. The transaction also includes senior management retention arrangements to ensure business continuity.

“The acquisition of AirSep is an excellent fit into Chart’s overall gas processing business,” stated Sam Thomas, Chairman, CEO and President of Chart Industries. “It strengthens our BioMedical Group’s oxygen concentrator business and provides a growth platform for on-site air separation gas generation. The acquisition also represents an attractive and stable complement to our large and rapidly growing energy business, including LNG liquefaction and transportation opportunities.”

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