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
Five years later: Google Fiber celebrates a Kansas City milestone
Five years ago today, the Kansas City area heard the news that it would receive a transformative, residential gigabit Internet service. Hundreds of cities lobbied to be the first to receive Google Fiber, but ultimately, Kansas City, Kan. won the highly-sought-after service. And the world learned that on March 30, 2011. Five years later, Google…
Mayor Sly James’ vision for Kansas City: Innovation and entrepreneurship
In an address to constituents Tuesday, Kansas City Mayor Sly James broadly painted his vision for Kansas City and outlined what success for the area would look like. And at the cornerstones of his ideas for the next decade? The future of Kansas City hinges upon innovation and entrepreneurship. “With Google Fiber and the smart,…
SparkLabKC nixes spring program, eyes management change
One of Kansas City’s top business accelerators is canceling its spring program amid a series of changes, including a potential management mixup. Founded in 2012, SparkLabKC will not be offering what would’ve been its fourth spring program as it evaluates its future. Through three separate classes, the organization has helped accelerate 30 area startups with…
We have liftoff! LaunchCode to boost Kansas City tech talent
About 3,500 tech firms need to fill 2,300 open positions in the Kansas City area, according to KCnext. Usually, that means businesses, both large and small, spar over the same people, snatching up programming talent wherever possible, including from their local neighbors. It makes for more than just awkward networking events among tech executives —…