Xseed and Marvelous are still working together. As a case in point, take Valhalla Knights 2: Battle Stance, a retooled re-release of Valhalla Knights 2 for the PSP.
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Valhalla Knights 2: Battle Stance hasn’t been officially announced for North America, but the ESRB rated it with Xseed as the publisher. Seems like a good sign the game is coming out here, perhaps as a digital release like Armored Core 3 Portable.
Xseed localized and released Valhalla Knights 2 one year ago. K2 finished work on Battle Stance this past June. Changes include reducing the number of party members from six to four, adding teleport points for easier travel, and boosting the Nameless Tower to 50 floors.