United Kingdom, Aug. 12 -- Remedy Entertainment has confirmed it is working closely with Rockstar Games on the upcoming remake of Max Payne and Max Payne 2: The Fall of Max Payne.

In a recent update to investors, Remedy - the studio behind the action franchise - said the project has now entered the production readiness stage, with development expected to ramp up significantly in the coming months.

Remedy CEO Tero Virtala said in a statement: "TheMax Payne 1 and 2 remakeproject continues its progress and remains in full production.

"In the second quarter, the team built on steady momentum from earlier in the year.

"Collaboration with Rockstar Games remains close and productive, ensuring alignment as the project advances toward its next...