Friend & Foe is a new Tokyo based studio formed by developers who have worked on such games as The Last Guardian, Battlefield 3, Bionic Commando, Killzone, and more. They have recently unveiled a trailer for their new game Vane . Vane is described as an open world adventure based on mystery and exploration. So it sounds like it is much in the vein of Ico and Shadow of the Colossus . You can watch the full Vane trailer here. Vane will be released on PC, but an official date has not yet been given.
Friend & Foe is also working on an action game loosely based on eighties buddy cop movies. The game is called Dangerous Men , but few details, including release dates or platforms, have been given.
Source: Gamespot