Valve Software, the developers of the Half-Life series, have announced today that they are officially developing titles for the Xbox 360. While they have not disclosed what those titles are, they said that they are using a custom version of the Source engine, and that they'd be revealed soon.
My speculation is Half-Life 2: Episode One, or perhaps the overall upcoming Half-Life 2 Episodic Collection released in one shot. I doubt they'd re-develop and release Half-Life 2 since there's already an Xbox version.
I suspect we'll find out at E3, and until then, you can read Valve's full press release here.
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