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Hitman creators set up new studio

It'll make online multiplayer games.

The founders of IO Interactive have established a new development studio called Reto-Moto.

IO is best known for creating the Hitman series and Kane & Lynch. The new studio will be based in Denmark and will target the online multiplayer market.

"We've seen the interactive online market develop significantly in the last five years," commented David Guldbrandsen, chief technology officer of Reto-Moto.

"Fresh from the global success of Hitman we think our new company Reto-Moto is well placed to capture commercial and creative advantage."