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: Midwest.io
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 Midwest.io When: November 9-10 Where: Downtown Marriott Midwest.io is a two-day conference in the heart of the US, bringing together developers for…
Cobb: Royals’ win adds to KC’s entrepreneurial swagger
Entrepreneurs are competitive by nature. They love passionate, tenacious competitors that go for it all. That is why they resonate so closely with athletes. In fact, if you look into their backgrounds, many entrepreneurs were or are fierce athletes as well. It’s similar DNA that drives you to succeed despite enormous odds and competition. So…
(S)heStarts: Do tech startups need a techie founder?
Welcome to our new series exploring news and views on men, women, start-ups and the entrepreneurial experience. Do tech startups need a techie founder? Yes. No. Maybe? Three Kansas City startup founders provided three perspectives on the technical expertise question. While their backgrounds and development paths differ, they all agree that end users…
Video: A Royal celebration
Did you hear? The Kansas City Royals are world champions! Here’s a quick video from the massive celebration in downtown Kansas City. Enjoy!