As Activision's indie label
Well look at that. Sierra is back from the dead. Activision is reviving the label, with a focus on indie development. It'll host new IPs and re-imaginings of beloved classics. In this case there's a new King's Quest coming in 2015, and a new Geometry Wars planned for this holiday season.
King's Quest is a new entry by the studio that made The Misadventures of PB Winterbottom. The story focuses on King Graham sharing his life adventures with his granddaughter, Gwendolyn. Geometry Wars 3: Dimensions is from Lucid Games and will have full 3D action and cooperative and competitive multiplayer, plus single-player as well.