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Former Gazillion Entertainment (Marvel Heroes) and Blizzard North developer David Brevik heads up a studio named Greybeard Games. The team has just announced its first title, an ARPG called It Lurks Below. According to an extensive article at Polygon, It Lurks Below "combines Diablo-style dungeon plumbing mechanics with sandbox style worlds that let players dig and construct ala Terraria and Minecraft".