Its Marveelllll baby!

Here's the official press release:

Capcom®, a leading worldwide developer and publisher of video games, and Marvel Entertainment today announced that Ultimate Marvel® vs. Capcom® 3 is in development for the PlayStation®3 computer entertainment system and the Xbox 360® video game and entertainment system from Microsoft®.

Ultimate Marvel vs. Capcom 3 will take the epic battle to all new heights with new iconic characters from the Marvel and Capcom universes, a refined fighting system, eight new stages and new modes when it releases this November for the low MSRP of $39.99.

The highly acclaimed fighting game adds 12 new legends to the robust Marvel vs. Capcom 3 roster, bringing the total overall roster of characters up to 50. The first new characters revealed for Ultimate Marvel vs. Capcom 3 include much-requested Capcom character Strider who slashes his way into the fray along with Ghost ‘n Goblins™ villain Firebrand. On the Marvel side, Ghost Rider will finally exercise his vengeance and Hawkeye will pick apart foes. More characters will be revealed in the coming months.

In addition to characters, Ultimate Marvel vs. Capcom 3 features a host of enhancements and new features to improve the game’s balance and online functionality. One of the biggest additions to Ultimate Marvel vs. Capcom 3 is the fan-requested Spectator Mode, which allows fighters to watch live online matches together. With multiple improvements and 12 new characters, Ultimate Marvel vs. Capcom 3 brings home the ultimate fighting experience for newcomers and pros alike.

I'm personally pretty excited. MVC3 ended up being a blast for me and I'm ready to see this refined system.