We finally get confirmation that location based service Bouncity has been sold to game publisher Qeon for undisclosed amount. The previous owner, PhaseDev, is now focusing on the other two services under its management, Wayang Force and Tiket, while buzzing around with new stealth stuffs. According to source close to this matter, the Bouncity’s deal is closed on June before two of its key players, Kevin Osmond and Richard Fang, departing. Osmond and Fang are now collaborating to create consulting gig named Weekend Inc.
Qeon itself is a new player in game publishing industry. Its current product is Shadow Company, a First Person Shooter (FPS) online game that was launched in April. While Bouncity has some gamification process in the service, we are still not quite sure about the future of Bouncity under Qeon management. Qeon is part of MidPlaza group and having tight relationship with Biznet.
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