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’s cheesemakers Green Dirt Farm opening new space in embattled Crossroads
Editor’s note: The following story was published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. Green Dirt Farm is opening a new restaurant next month that will bring its sheep’s milk cheeses to the Crossroads —…
Plexpod Westport closing Feb. 29; offices to remain but under new management, branding
The spacious classrooms-turned-offices retrofitted for large startup teams at a site once billed as the world’s largest coworking space never regained their pre-pandemic demand, said Gerald Smith, confirming the sudden closing of a Plexpod location that for years epitomized Kansas City innovation culture. “We so wanted Plexpod Westport to be the center of the universe…
NMotion invests $100K in AI storytelling startup’s next chapter; KC founder flexes momentum
A $100,000 investment by a leading regional accelerator is expected to expand the capabilities and reach of a Kansas City AI storytelling startup — establishing Overland Park-based Storytailor as a well-known brand for children worldwide, founder JQ Sirls said. The NMotion Accelerator on Wednesday announced six new companies selected for its cohort, which is powered…
Kansas City lands new HQ for Eastern Airlines; company invests $4.7M in site near airport
A cargo/charter airline’s move to consolidate its operations into a new Kansas City headquarters is expected to create 165 full-time jobs, company officials said Wednesday, announcing another win for the region connected to its investment in a new airport terminal. “Kansas City and its airport have a great legacy in our industry,” said Stephen Buscher,…