The deal has more significance than just bringing Bloodline Champions to audiences, though. While Stunlock will retain ownership of Bloodline, Funcom has also agreed to purchase a minority stake in Stunlock. It seems likely, then, that it will work with Funcom for future titles.
If you'd like to see what Funcom's money is going into, you can try to get into the current Bloodline Champions beta here. Otherwise, you'll have to wait until "late 2010."