More than renewed, in fact - Gamesindustry.biz reckons it's had cast-iron confirmation from a source that EA and Starbreeze (Chronicles of Riddick, The Darkness) are, as speculated last year, working on a brand-new Syndicate game.
Which is happy-hands-in-the-air time for long-term PC gamers. As long as they don't mind that (most probably) no-one from the original Syndicate team will be involved. And that the odds of it being a zoomed-out strategy kinda thing rather than over-the-shoulder mega-death fun are practically zero. But it's a highly respected developer with a history of morally-ambiguous protagonists, tackling an ever-beloved theme of semi-malevolent corporations treating humanity with near-total disdain - it's very unlikely to be Syndicate as we know it, but it certainly seems like a smart pairing.