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
Events Preview: GUILDit, Second Fridays
There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW GUILDit When: August 11 @ 6:30 pm – 7:30 pm Where: Uptown Arts Bar GUILDit is a gathering that helps craft…
A ‘Doodle’ in the rough: Ben Kittrell unearths a global business
What initially began as a desire to help his friends build websites has now blossomed into a startup with a booming international presence for Doodlekit co-founder Ben Kittrell. And it took gaining thousands of users a month to give Kittrell a wake-up call that it was time to refocus on a business he often let…
Pennez wants to turn the page on youth illiteracy with AI app
If you’re reading this, congratulations, you’re literate. Statistically, this is something to be proud of as 773.5 million people are illiterate around the world. It also means that you’re more likely to have a higher-paying job and be able to more fully participate in society. Rebecca Dove, a former elementary school teacher, saw first-hand that…
‘A relentless pursuit of perfection’ earns Niall national nod
Kansas City watching-making startup Niall recently topped a list of leading American-made watches. A publication that features social impact brands,The Good Trade dished a cornucopia of commendations to Niall, a two-year-old startup that’s surged in popularity and snagged headlines around the nation. The online media group made note of CEO Michael Wilson’s tireless pursuit of excellence with…