[UPDATE] Following the publication of this story, a Square Enix representative provided a statement to GameSpot on the matter.

"There's a bit of confusion around the Hitman projects currently in development at Square Enix-owned studios and so we wanted to take the time to clarify what each studio is working on to clear up some of this confusion. Io-Interactive is developing a new, AAA Hitman game that will be coming to PC and next-gen consoles and Square Enix Montreal is fully focused on mobile development of games some of which are related to the Hitman franchise," the representative said. "We look forward to sharing more details about these titles later this year."