Square Enix has reportedly acquired 20 percent of Bulkhead Interactive, the European developer is responsible for games like Battalion 1944 and The Turing Test. 

Bulkhead currently has two studios, Bulkhead Phoenix and Bulkhead Dark Horse. While Battalion 1944 remains in Early Access on Steam, the studio is working on a new IP for Square Enix.

The head of Square Enix Collective, Phil Elliot, will be joining the Board of Directors at Bulkhead Interactive. In a quote to Gamesindustry.biz, Elliot said:

"I'm really excited that we're taking this step to deepen our partnership with the team at Bulkhead... From the first meeting we had back in 2015 it was clear to me that the team had a great deal of potential, and we're really looking forward to helping them continue to unlock that in the years to come."

Elliot is also the director of indie publishing at Square Enix. He met with the Bulkhead team at the Gameindustry.biz Investment Summit. Bulkhead CEO Joe Brammer also commented on the new partnership:

"It's been a great experience working with Phil and the team at Square Enix - they've always been supportive, looking out for the interests of us as well as the games we've worked on, and this opportunity to build on that relationship is a great next step for the studio as we expand and search for new talent to join our team."

As of right now, it's hard to say what this new IP could be. The studio's two titles are both first-person games, one being a shooter while the other's a puzzler. We'll just have to wait and see what comes of this partnership in the future. Bulkhead's previous two titles were published under Square Enix Collective.