Following yesterday’s “rumor,” Take-Two Interactive has announced that Borderlands 2 is currently in development at Gearbox Software, and the company expects a release in Spring 2012. Borderlands 2 will feature “all-new characters, skills, environments, enemies, weapons and equipment.” Players will also get to traverse “across the unexplored new areas of Pandora.” Gamers who want a first look at the sequel can check out Gamescom or PAX Prime this month, as each convention will have a Borderlands 2 display. Borderlands 2 is also going to be the featured game for the September issue of Game Informer. Make sure to head on over to Borderlands 2 Official Website for some teaser info.

2K Games and Gearbox Software are taking this show on the road, and fans and media will be able to get their first look at the game at Gamescom 2011 from August 17 – August 21, and at PAX Prime (Booth #3417) from August 26 – August 28. Eager gamers can learn more about Borderlands 2 right now by picking up the latest issue of Game Informer Magazine, which has the worldwide exclusive cover story on the title. Readers will find many game details inside the issue, including the first reveal of one of the several new character classes being introduced in Borderlands 2. Planet Xbox 360 will bring you all the news about Gearbox’s RPG-shooter sequel as it develops. Borderlands 2 is scheduled for a Spring 2012 release for the Xbox 360, PS3 & PC.

Source: Borderlands 2 is Confirmed and Set to Release in Spring 2012

Damn, Cant wait for this, but wasnt it originally going to be called Borderworlds?.
Hope it's the same Borderlands i know and love i'll be happy