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
Pinsight Media wants to build your startup’s app for free
A new program at one of Kansas City top mobile tech firms plans to build dozens of mobile apps for as many as 70 startups around the nation. Kansas City-based Pinsight Media+ recently launched its “Rollout” program, which will develop a firm’s Android or iOS app — for free — with the intention of it…
ScaleUp! Kansas City launches search for area’s next $1M firms
ScaleUp! Kansas City is now accepting applications from area entrepreneurs for its fourth program to accelerate founders’ businesses. The program will welcome 15 entrepreneurs that aim to push their firm’s revenue past $1 million annually. ScaleUp! KC connects entrepreneurs with mentors, peers and resources to grow their businesses. To apply, entrepreneurs must lead a company…
Events Preview: UMKC Career Accelerator
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 UMKC Career Accelerator When: February 26 @ 10:00 am – 2:00 pm Where: Bloch School Multiple students will sit down with each…
Report: Kansas is more innovation-friendly than Missouri
The Sunflower State is more hospitable to innovation than its eastward neighbor, a recent study found. The Consumer Technology Association’s annual “Innovation Scorecard” ranked all 50 states in 10 different categories to determine which states best fostered innovation and economic growth. The study dished Kansas slightly higher innovation kudos than Missouri, comparing their friendliness to…