TimeSplitters is officially, finally, making its grand return. After the IP was procured by Koch Media, the idea of the beloved FPS franchise coming back from the dead was suddenly a real possibility. Now, in a new announcement from publisher Deep Silver, a new entry in the series is officially underway.

In a statement shared on social media, Deep Silver confirms the exciting news that it has re-established Free Radical Design in order to revive TimeSplitters:

It's still very early days — as it says in the statement, development has yet to begin — but fans will no doubt be very pleased to know a new TimeSplitters is finally coming. Key staff from the series' past have returned for this project, with Steve Ellis and David Doak spearheading production. It's going to be a while before the game itself is ready to be shown, but we're very much looking forward to seeing how it turns out.

Are you excited by this news? What do you want to see from a new TimeSplitters? Discuss in the comments section below.

[source twitter.com, via ign.com]