Fergusson said the studio will be working on "an exciting new project," and added that further details are coming soon.
This past April, Fergusson left Irrational Games shortly following the release of BioShock Infinite, after having joined the Boston-area studio last August to help see the project through to completion as executive vice president of development. Prior to his time at Irrational, Fergusson worked at Epic Games for more than seven years as an executive producer on the Gears of War franchise and then as director of production.
2K Games and parent company Take-Two Interactive already have two studios in the Bay Area, both located in Novato, Calif.: 2K Marin, which was the lead developer on BioShock 2 and The Bureau: XCOM Declassified, and Visual Concepts, which makes 2K Sports titles such as the MLB 2K and NBA 2K franchises. It's unclear if the new Fergusson-led studio will draw employees from the existing companies.
We've reached out to 2K Games for more details, and will update this article with any information we receive.
Update: A 2K Games representative told Polygon, "We are happy to confirm that Rod is heading up a new development studio, but we have no further announcements at this time."
Update 2: Reached for comment, Fergusson told Polygon, "We'll have lots more to say moving forward but nothing more today."