The whole announcement feels a bit strange though and I'm not sure what to make of it. It seems Sierra will not make it own games but will use its brand name to attach it to indie games as a sort of quality label.
Bob Loya, Senior Director of External Development at Sierra, elaborates:
“Sierra’s goal is to find and work with talented indie developers working on their own amazing projects, or passionate about working on [great IP's], and leverage our expertise to aid them in bring these fun and exciting experiences to gamers with the level of visibility and awareness they deserve.
“In addition to Lucid Games and The Odd Gentlemen, we’re in talks with a large number of other indie devs, and can’t wait to share more details with fans in the near future.”
The first release under Sierra’s guidance will be Geometry Wars3: Dimensions from Lucid Games that will feature all of the fast-paced 3D chaos of its predecessors with both co-op and competitive modes to boot.