Bungie has announced a decade-long deal with Activision. The publisher will be bringing the studio’s new games (based on new intellectual property) across multiple platforms and devices. Bungie will retain the rights to their new IP under the terms of the deal. Apparently, it has taken the companies nine months to hammer out the fine details of the deal but now it’s concrete. This comes at an interesting time for Activision, whom is suffering from a mass exodus at Infinity Ward and the resignation of its president and CEO Mike Griffith last week.

“We chose to partner with Activision on our next IP because of their global reach, multi-platform experience and marketing expertise,” said Harold Ryan, president of Bungie. “From working together over the past nine months on this agreement, it is clear that Activision supports our commitment to giving our fans the best possible gaming experiences.”

“Bungie is one of the premier studios in our industry and we are extremely pleased to have the opportunity to work with their talented team over the next decade,” added Thomas Tippl, COO of Activision Blizzard. “Bungie has developed some of the most compelling and successful games, multiplayer experiences and thriving fan communities, and this alliance underscores our long-standing commitment to foster the industry’s best creative talent.

“Our unprecedented partnership with Bungie will enable us to broaden our pipeline of exciting new games as we continue to strengthen our industry position and pursue long-term growth opportunities.”