The Sony Corporation (SCE) announced on Tuesday that it will be buying the rights to develop and publish the upcoming Hitman game for the PlayStation 4.
Sony will be using its acquired publishing arm to develop, publish, and distribute Hitman: Absolution for PlayStation 4 and the PlayStation Vita, the company said in a press release.
It is expected to be released later this year for PC, PlayStation 4, and Xbox One.
The acquisition is expected for the $1.2 billion price tag.
It is expected that this game will be developed with Sony’s PS4 Pro and that it is being developed in conjunction with PlatinumGames, which is the company that is developing the Hitman series of games.
It is also being developed with the assistance of Epic Games, the studio behind the critically acclaimed and commercially successful Gears of War franchise, which will continue to develop the game.
According to the press release, the game will feature a cast of 20 characters, a large amount of new locations and features, and new gameplay elements.
The team will be working on the game with a number of notable developers from the industry including Respawn Entertainment, Take-Two Interactive, and Warner Bros. Interactive Entertainment.
The game will include online multiplayer for up to eight players.
The news comes as a great surprise to fans of the series.
Hitman: Agent 47, the upcoming fourth game in the series, was set to launch last November, but was delayed to early 2018.
Last week, we learned that Activision Blizzard (ATVI) had partnered with Epic Games on the upcoming Assassin’s Creed Syndicate, but the publisher announced today that that the game has been cancelled and that all assets will be sold.