The rumours were true (sort of): 2K's announced an XCom reboot exclusively for Xbox 360 and PC. Though it's not Irrational Games developing this one - it's the other BioShock studio, 2K Marin.
2K describes XCom as "the re-imagining of one of gaming's most storied and beloved franchises," claiming that it "combines the strategic core of the groundbreaking franchise with a suspense-filled narrative and distills it into a tense and unique first-person shooter experience."
2K's blurb reads: "XCOM is the re-imagining of the classic tale of humanity's struggle against an unknown enemy that puts players directly into the shoes of an FBI agent tasked with identifying and eliminating the growing threat.
"True to the roots of the franchise, players will be placed in charge of overcoming high-stake odds through risky strategic gambits coupled with heart-stopping combat experiences that pit human ingenuity - and frailty - against a foe beyond comprehension.
"By setting the game in a first-person perspective, players will be able to feel the tension and fear that comes with combating a faceless enemy that is violently probing and plotting its way into our world," the publisher says.
X-Com had been rumoured to be in development at BioShock creator, Ken Levine's studio, Irrational Games, but yesterday the LA Times reported that they're busy at work on an "original title".
2K boss, Christoph Hartmann said of the announcement: "With BioShock 2, the team at 2K Marin proved themselves as masters of first-person, suspenseful storytelling, and with XCOM they will re-imagine and expand the rich lore of this revered franchise. Players will explore the world of XCOM from an immersive new perspective and experience firsthand the fear and tension of this gripping narrative ride."
Good stuff. See the first screenshot above.