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
Recreational golf can be lonely without community; this Olathe-built app brings players together on the green
He set out to create an all-encompassing, tech-enabled golf platform that would make his favorite sport more fun, accessible, convenient, and transparent — but Somanath Chilukuri already knew the hazards of the crowded course ahead of him. “Today there is so much app overload on people,” said Chilukuri, an Olathe IT professional and the founder…
$2M federal grant boosts K-State efforts to expand region’s digital manufacturing capabilities
Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro. This series is possible thanks to the Ewing Marion Kauffman Foundation, which leads a collaborative, nationwide effort to identify and remove large and small barriers to new business creation. MANHATTAN,…
Yardball Kickstarter ends with six-figure funding (and rapid hiring for production)
When Sandlot Goods took to Kickstarter to crowdfund what it called “the perfect ball for the game of catch,” the world listened. More than 2,200 backers from across the globe pledged funds to secure their own Yardball — lighter than a baseball and sewn by hand with soft, premium leather. “We are absolutely thrilled with…
Allyship means mistakes plus action: New project draws parallels between innovation, DEIB
It’s time for coworkers to move beyond best intentions, said Ghadeer Garcia and Mark Logan, announcing the launch of a new project aimed at pushing allies in the workplace to action. The co-founders created the Ally Lab project through Idealect, an equity-centered social innovation company in Kansas City. The Ally Lab will offer knowledge and…