An update from a gaming magazine gives us details on the story of the game, and some of the multiplayer features.
So a crossover story, set during FOC and AOC.Quote:
the two worlds (Movieverse and WFCverse) are connected by an ancient relic known as The Dark Spark. This relic acts as a portal between the two universes and is capable "Bending the fabric of the universe to (the wielder's) will." It has now been confirmed that the Movieverse portion of the game will take place during and after Age of Extinction, whereas the WFC/FOC portion will take place BEFORE the launch of the Ark in Fall of Cybertron. The gameplay is very similar to Fall of Cybertron, in that the story is focused on a single character and will bounce back and forth between over 40 playable characters.