Japanese developer Valhalla Game Studios, founded by former Team Ninja employees, including Dead or Alive creator, Tomonobu Itagaki, has moved its headquarters to Vancouver, Canada. 

According to a letter posted by Itagaki, who serves as Valhalla's president, CTO, and director, the studio has relocated to build out a multinational team that can compete at the top level of development. 

"Our group has excellent staff who are able to compete in at the top level in the world. We believe this is one of our big advantages. To maximize this advantage, we have transferred our headquarters to Canada," wrote Itagaki.

"It is better to set a development base in Western countries than Japan in order to gather talented creators scattered from all over the world and I have made a judgment that Vancouver is the most appropriate place for this."

Valhalla is currently adding the finishing touches to Devil's Third Online; a free-to-play version of its hack and slash shooter due to release on PC in Japan and then North America this spring.