Here's the link: http://www.1up.com/do/newsStory?cId=3157219
Clover Studios was the studio which was dissolved by Capcom late last year, but was the maker of gems such as Okami and the Viewtiful Joe series.
Well it looks like the bigwigs of Clover are coming together to form this new studio called Seeds.
The highlights is that the brass of the studio come from the creators of Okami and Viewtiful Joe obviously, but also Resident Evil 4, Devil May Cry, and Shadow of the Colossus.
Pretty good news I think.