Two former employees of Flagship Studios, the company responsible for Hellgate: London, have created their own game studio.

Naming it Runic Games, Travis Baldree and Max Schaefer said the company will “continue to use their expertise in the Action-RPG MMO genre to create the best games in this market.”

Runic Games will be showing off what they’re working on “in the coming days”, the announcement on the company’s website said.

The newly-formed company said that they have multiple projects in the works.

Source: [Runic Games]