Ex-Ninja Gaiden head honcho Tomonobu Itagaki's upcoming third-person shooter Devil's Third has found a new home following a joint-venture between Itagaki's Valhalla Game Studios and Korean developer Doobic Game Studios, best known for the Combat Arms series.

THQ was publishing Devil's Third, but in May decided to drop the IP because it didn't "fit THQ's profile", and was unlikely to turn a profit.

Earlier this month, the rights to the game were returned to Valhalla.

The newly dubbed mouthful Valhalla & Doobic Co., Ltd. intends to bring Devil's Third to PC and tablets, as well as the previously announced Xbox 360 and PS3.

The game is set in a world where the Kessler Syndrome has come to pass, rendering low-earth orbit full of debris and nearly all satellite destroyed. "In the resulting turmoil, war erupts around the world as the balance of military power is thrown into chaos. For a better idea of Devil's Third, please try to imagine in what ways infantry battle would be altered in a world without satellite technology," said Valhalla.

"Close study of military affairs, historical verification and geopolitical analysis form the backbone of development for an intense, dramatic story in a fierce and cruel world."

Already three billion yen (about £2,448,360) has been spent on the game since it began development in 2009.

Check out the most recent footage of Devil's Third from last year below.

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Jeffrey Matulef

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