Dungeon Siege 3 announced
Square publisher, Obsidian developer...
In a somewhat surprising move Square Enix today announced that they will publish {Dungeon Siege 3} in development at Obsidian Entertainment ({Alpha Protocol}, {Fallout: New Vegas}) under supervision of the original developers Gas Powered Games and Chris Taylor.
Since starting out as a Microsoft owned property {Dungeon Siege} publishing rights later landed at Take Two, who published a PSP title, but now it seems the Japanese publisher who recently published Gas Powered Games' {Supreme Commander 2} will be handling the franchise from now on.

{Dungeon Siege 3} is in development for PC, PS3 and Xbox 360 and will be one of Square Enix' focus titles at E3.
Chris Taylor had the following to add to the press release:
"It has been a great pleasure to collaborate with Obsidian. They are a very talented developer who really knows what it takes to build a deep and engaging RPG experience, and I can't think of a better group to continue the {Dungeon Siege} series".

Here are a few bullet points from the press release:
* For the first time, play DUNGEON SIEGE on high-def consoles
* Players will be able to adventure by themselves or with friends in co-op multiplayer
* Uncover a deep story that only Square Enix and Obsidian Entertainment can deliver
* Pick from unique and highly customizable character classes with a wide range of abilities to choose from
* Recruit companions with unique personalities, abilities and views on the world around them
* Players will have weighty decisions to make that will impact their alliances, enemies and the culmination of the story