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: Innovate with Lean Lab
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 The Lean Lab’s Innovation Workshop When: March 11 – 12 Where: Think Big Coworking Build the Future of KC Schools. Let The Lean…
Titans of Kansas City tech combine forces for talent creation
Kansas City isn’t unique in its high demand for talented techies. But perhaps what is setting the area apart is its collaborative approach to creating, recruiting and retaining tech talent in the Kansas City metro. Dozens of area tech companies engaged in a panel discussion Wednesday on practical steps that companies can take to win…
Sprint Mentor Network offering a leg up to startup founders
From newbies to seasoned veterans, each and every entrepreneur can benefit from a mentor. That’s why the Sprint Accelerator is offering Kansas City-area innovators the opportunity to tap its growing Mentor Network program. Now welcoming its fourth class, the free program connects entrepreneurs and corporate executives as part of a six-month learning experience that aims…
Infographic: Impact of the Kansas Angel Investor Tax Credits
Facing a massive budgetary crisis, the State of Kansas may be placing the Kansas Angel Investor Tax Credit program on the chopping block. The popular program — tapped by more than 300 startups in its 11 years — has had a tremendous impact on the area startup community but is scheduled to sunset after 2016. Since…