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
Roll out the green carpet: KC activist-turned-global performer readies for his 1,000th clean energy show
AY Young is counting down to music history, he shared. After an almost 13-year journey through 100 cities and 40 countries, the singer, songwriter, activist, and entrepreneur has 41 shows remaining until his Guinness World recording-breaking 1,000th show powered solely by clean energy. He’s planning to hit the milestone Oct. 6, 2025: Green Sports Day.…
If their shop smells like Travis Kelce at Christmas, these candle chemists called the right play
When the owners of Decori home and gift shop at the Village at Briarcliff suited up to create a Travis Kelce candle scent, they turned to their virtual assistant to help make the call. Alexa suggested a play on the “audacious, confident and powerful” scents of Creed Aventus. Three formulations later, partners Ralph Liebetrau and…
Downtown food hall hits closing time; Strang’s chef-driven concept leaving lightwell
Strang Chef Collective is serving its final customers within the food hall’s downtown space, said CEO Shawn Craft, announcing the lightwell location would close Tuesday “despite the company’s best efforts over the past year to keep it open.” The chef-driven concept — through which diners experience a mix of global and elevated comfort flavors —…
KC Daiquiri Shop closing Dec. 1; iconic duo behind the party vibes plans to ‘regroup, reflect, and rebuild’
The good times roll through the weekend at KC Daiquiri Shop as the well-known Mardi Gras-themed getaway on Grand Boulevard shuts down its years-long revelry. “This decision has not come lightly,” Kinley Strickland and Calvin Vick, owners of KC Daiquiri Shop, said Monday in a social media post announcing the business’ plans to close Dec.…