Costs for development, marketing and post-launch investments will be split between Remedy and 505 Games.
Profits will also be split between both companies.
It slowly gained a cult following, gaining sales over time and selling over4.5 million unitsacross multiple platforms.
A remastered version of Alan Wake was released earlier this year, althoughsales were disappointing.
Asequel to Alan Wakeis set to be released next year.
Control has sold 3 million units, according to the release.
A release date for Control 2 wasn’t mentioned.