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
Pipeline accepting applications, heading abroad
Pipeline Entrepreneurs is welcoming applicants for its 10th fellowship class, which is now gearing up for a lively year of entrepreneurial education. Pipeline, an organization of powerful Midwestern entrepreneurs that conducts a fellowship each year, will be holding its development courses in Kansas City, St. Louis, Nebraska and Ireland. Pipeline CEO Joni Cobb said the…
Postmates launches on-demand delivery service in KC
Postmates is coming to Kansas City. Well, technically the San Francisco-based company is already here. The Kansas City area is one of 10 metros the on-demand delivery service is officially launching in on Sept. 17, but for those who have heard of Postmates and downloaded the app, the service is live. Similar to Uber, Postmates is organized through…
KC joins national STEM Ecosystem program
Kansas City was named one of 27 communities to pilot a national program aimed to boost the area science, technology, engineering and math, or STEM, ecosystem. There are still many unknowns following the announcement as community leaders involved wait for further direction from the STEM Ecosystem Initiative, but Science Pioneers executive director LeAnn Smith said…
Events Preview: Techweek highlights
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 Coding & Cupcakes When: September 12 @ 2:00 pm – 5:00 pm Where: Sprint Accelerator Mothers and daughters are invited to attend sessions…