Koniag Subsidiary Acquires Cloud Services Provider
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The Alaska Native regional corporation for Kodiak Island is expanding its portfolio of subsidiaries to include Texas-based cloud services provider Stratum. Koniag is folding Stratum into its Open Systems Technologies (OST) subsidiary.
A Fitting Pair
“Stratum has been a market leader in cloud integration and managed services for the last six years,” says Stratum CEO and co-founder Ryan Trimberger. “Our customers had an appetite for other services that were outside of our core business, and we found OST to be the perfect fit both technically and culturally for our employees and customers.”
The acquisition means that OST’s clients and the entire Koniag family of companies will have access to more cloud services support, experience, and expertise. The two companies are also fittingly paired as two of the nation’s leading experts in Microsoft Cloud for Healthcare.
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Stratum’s team has deep technical expertise and certifications in both Amazon Web Services and Microsoft, including advanced specializations such as the Microsoft Azure Expert Managed Services Provider designation.
Koniag Chairman and CEO Ron Unger says, “With deep relationships in the industry, including with Microsoft, Stratum’s capabilities will bring more opportunities and growth to the Koniag family. Stratum is another important acquisition as OST works to accelerate growth, all while increasing the benefits and opportunities for our shareholders. We are grateful that the Stratum team will be joining us.”
Koniag, with 4,300 shareholders, operates businesses across the US in four primary areas: energy and water services, commercial IT, government contracting, and Kodiak Island operations. Its subsidiary, OST, is an integrated, cross-functional business technology firm with offices located in Michigan, Minnesota, and London.
“This acquisition with OST is a strategic move to better serve our customers as demand grows for cloud, IoT, healthcare-focused cloud deployments, and managed services,” says Trimberger.
Making History
The track of oil and gas development in Alaska shows the footprints of bold companies and hard-working individuals who shaped the industry in the past and continue to innovate today. The May 2024 issue of Alaska Business explores that history while looking forward to new product development, the energy transition for the fishing fleet, and the ethics of AI tools in business.