A new video game studio under NetEase Games has been announced. Named “Anchor Point Studios,” it is based in Barcelona, Spain, and Seattle, United States, with “industry veterans” among its ranks. The studio aims to develop an action-adventure game for both console and PC.

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The studio is founded by Paul Ehreth, a game designer and director known for his work on Control and Halo. Ehreth now spearheads the studio alongside other developers who have worked on games such as Ghost of Tsushima, Red Dead Redemption 2, and The Division. Ehreth’s LinkedIn profile reveals that the action-adventure title in development will be made in Unreal Engine 5.

Anchor Point Studios is mainly Barcelona-based, but the company aims to hire up to 100 people across Europe and North America, including developers, technical artists, and designers, with office, remote, or hybrid work options available.

Here’s what Simon Zhu, president of global investments and partnerships at NetEase Games, had to say regarding Ehreth and Anchor Point Studios:

When we met Paul, we immediately realized he had the passion to create truly magical worlds, with experiences that are surprising and offer something new every single time they are played. At NetEase Games, we believe in giving creators the ability to build games of lasting quality that will be played for many years to come. We know Anchor Point Studios is reaching for the stars and we’ll make every effort to help them get there.

It’ll likely be quite some time before we hear more about Anchor Point Studios and their future projects, but with backing from NetEase Games and AAA game development experience, the studio looks to be off to a decent start.