After St. Joseph tech firm acquisition, Online Tech expands to KC
April 20, 2017 | Meghan LeVota
Ann Arbor-based Online Tech has acquired a St. Joseph, Mo. cloud firm, paving the way for its expansion into Kansas City.
The cloud security company announced Thursday that it purchased St. Joseph-based Echo Cloud, which provides colocation and cloud hosting services.
Echo Cloud CEO Bill Severn said he’s pleased to be joining the Online Tech team.
“I believe the values we hold match Online Tech’s very well, and I think this will be a great partnership moving forward,” Severn said in a release. “Online Tech has been a leader in compliance for many years,I’m pleased we can now offer HIPAA- or PCI-compliant data hosting to our existing customers here in Kansas City.”
Allowing for easier service management, Severn added that the companies will combine their existing services into Online Tech’s client platform. Wanting to tap the Kansas City market, Online Tech was interested in Echo Cloud for its ability to grow in the Midwest.
With offices in Michigan and Indiana, CEO of Online Tech CEO Yan Ness is excited to expand the firm’s product line.
“I’m very pleased with this deal,” Ness said in a release. “We really like the Kansas City market. There’s lots of demand that we think is underserved, and this is a great opportunity to provide companies in the area with our secure, compliant hybrid IT services.”
Severn, who declined to disclose the amount of the acquisition, will no longer serve as CEO for Echo Cloud, but will stay on the board of directors for Online Tech. The firm will maintain its offices in St. Joseph, Mo.
2017 Startups to Watch
stats here
Related Posts on Startland News
Prospect KC earns $10K grant from Jacques Pépin Foundation as Gumbo Fest set to return
A newly announced grant will be pivotal to advance The Prospect KC’s mission to empower lives, disrupt poverty, and cultivate community through culinary education, said chef and founder Shanita McAfee-Bryant. The $10,000 grant from The Jacques Pépin Foundation (JPF) is one of 16 recently awarded to organizations that use culinary arts to enhance lives and…
She made kitchens her classroom; now this young foodie has her own Olathe bakeshop
Oreo cheesecake cookies. Take-and-bake cinnamon rolls. Pina Colado sodas. After seven years as an home-based business in Olathe, Cake Loft now has a storefront and even more attention-grabbing offerings. Owner Chrissy Zemencik’s line includes cakes, cupcakes, decorated sugar cookies, and macarons, as well as gourmet cookies — apple pie, cherry pie, lemon blueberry, brown butter…
Meet KCSourceLink’s trio of ‘navigators’ now embedded in KC business support hubs
A new initiative from KCSourceLink that places three experienced business leaders in strategic locations across Kansas City will help aspiring entrepreneurs better connect with the resources and answers they need to start and grow businesses and side hustles, said Becca Castro. “KCSourceLink is making it easier than ever for aspiring entrepreneurs and seasoned business owners…
NXTUS launches bracket-style pitch competition for Kansas startups with $20K in prizes
A new, high-energy pitch competition is expected to help startup founders collide with angel investors and innovation leaders from across Kansas — all set against the excitement of the NCAA Men’s Basketball Tournament this spring. The Gamechangers & Champions bracket bash is set for March 21 in downtown Wichita — a one-day bracket-style experience organized…