Square Enix has confirmed that it has acquired a big stake in UK developer Bulkhead Interactive.
The Shadow of the Tomb Raider publisher is now a twenty percent shareholder in the Derby-based studio.
The two companies have a history of working together, as Square Enix published The Turing Test in 2016 for PC and Battalion 1944 received a Steam Early Access release in February 2018 thanks to Square Enix Collective.
Going forward, Square Enix Collective will continue its collaboration with Bulkhead on the development of Battalion 1944 up to its launch in early 2019.
The studio, however, will also be working on a new IP for Square Enix, though the publisher said that further details would be “announced later in development.”
Phil Elliott, the director of indie publishing at Square Enix West and the head of Square Enix Collective, will now represent the publisher on Bulkhead’s board of directors.
Earlier this year, the Battalion 1944 developer announced that it would expand its base of operations into Munich, Germany, to begin work on a first-person shooter title over the course of 2019.
Formed in 2015, Square Enix Collective has allowed the company to build bridges with small independent developers and has published titles that have been backed on Kickstarter.
One of its recent titles, Forgotton Anne, has been released on PlayStation 4, Xbox One and PC in 2018, as well as confirmation that a Nintendo Switch port has been in development and has had its 2019 release window moved forward to this month.
“I’m really excited that we’re taking this step to deepen our partnership with the team at Bulkhead,” Elliott said in a press release.
“From the first meeting we had back in 2015, it was clear to me that the team had a great deal of potential and we’re really looking forward to helping them continue to unlock that in the years to come.”
Joe Brammer, the CEO at Bulkhead, added: “It’s been a great experience working with Phil and the team at Square Enix — they’ve always been supportive, looking out for the interests of us as well as the games we’ve worked on, and this opportunity to build on that relationship is a great next step for the studio as we expand and search for new talent to join our team.”
To find out more about Square Enix Collective, check out Hardcore Gamer’s coverage below.