Ninja Gaiden and Dead or Alive director Tomonobu Itagaki has formed a new studio - Itagaki Games - and said "it would be an honor for me" to work with Microsoft again. Itagaki shared the news on Facebook and revealed that this announcement was supposed to be part of a recent Bloomberg article, but was omitted "due to its character limit." He discussed how, for the past four years since leaving Devil's Third's Valhalla Game Studios, which he co-founded, he's been teaching game development to a younger generation.