Alan Wake studio Remedy is staying very busy. In addition to Alan Wake 2, the studio has now announced a big deal with Tencent for its upcoming free-to-play shooter Vanguard.

Remedy and Tencent have announced a deal covering "global development, license, and distribution" of the new IP. Little is known about Vanguard, but Remedy says it's a co-op PvE shooter that makes the most of Remedy's "narrative expertise and action gameplay" to create an "immersive multiplayer experience."

"The game is developed with the Unreal Engine for PC and console platforms. Remedy will develop and publish the game worldwide, excluding selected Asian markets, where Tencent will localize and publish the game," Remedy said in its announcement.