Michel Ancel, the creator of Rayman, is starting his own studio called Wild Sheep – though he'll remain at Ubisoft Montpellier, Ubisoft says in a statement to Game Informer.
"We are fortunate to have some of the industry's finest talents, including Michel Ancel, working with us at our studio," Ubisoft Annecy, Paris, and Montpellier Managing Director Xavier Poix said. "In addition to spending some of his time on this new venture, Michel is leading the creative development of select projects at Ubisoft Montpellier, including an extremely ambitious new title that is very close to his and the team's heart."
Sounds like Ancel has a lot of projects in progress. Managing all of them will be like herding Wild Sheep or something.