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
KC tech firm’s video app records $600K
A local tech firm is planning to accelerate development of its mobile video application thanks to some new funding. Kansas City-based Digital Legacy landed $600,000 in May to fund the creation of its “VideoFizz” app, which allows a group of users to collaborate on a personalized video message for birthdays, anniversaries and other special events. Missouri…
The future’s around the corner at KC’s Compute Midwest
Bold ideas with the promise to revolutionize tomorrow are heading to the City of Fountains for a growing technology conference. Now in its fourth year, Compute Midwest is set to explore technologies and ideas transforming the future, including space travel, self-driving cars and artificial intelligence. In addition to learning about the latest in technology, Compute…
Tour the UMKC Entrepreneur Hall of Fame
Startland News took the opportunity Friday to tour the UMKC Entrepreneur Hall of Fame, which opened in late 2014. The hall aims not only to educate visitors on remarkable Kansas City businesspeople, but also celebrate the area’s entrepreneurial spirit. Enjoy!
Google selects two Kansas Citians to bridge digital divide
Two Kansas Citians hope to increase digital inclusion by participating in a new fellowship opportunity through Google Fiber. Google announced Friday that Eze Redwood and Leslie Scott were selected to participate in Google Fiber’s Digital Inclusion Fellowship program, a year-long program created to help community organizations get more people connected to the Web. In partnership…