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Squenix confirms Dungeon Siege III

PC, 360 and PS3, Obsidian developing.

Square Enix has announced that Dungeon Siege III is in development at Obsidian Entertainment, under the watchful eye of original creator Gas Powered Games and its boss Chris Taylor.

The action-RPG will appear on PS3 and Xbox 360 as well as PC, and feature four-player co-op, according to a French press release on AGB (via VG247).

"Allying the intuitive gameplay of an action game with a proven role-playing system, Dungeon Siege 3 will take place in an immersive world where each of the player's decisions will have consequences," it says here. In French.

The story concerns a fragile equilibrium between powerful factions being disturbed, and you, the protector of the disgraced kingdom of Ehb, are the only one who can unite them.

It's a "totally multiplayer" experience, "with friends or online", and will also feature in-game companions to recruit.

Expect more details - you guessed it - from E3 next week.