The original and sequel together grossed more than $60m in North America. Further details on the remake will be announced shortly.
S S Wilson and Brent Maddock, who created the characters and wrote the screenplays for both Short Circuit and Short Circuit 2, will write the script.
David Foster and Ryan E Heppe from David Foster Productions will produce along with Rehab Entertainment's John Hyde.
Dimension's senior vice president of Production Matt Stein brought the project to The Weinstein Company and will oversee the project for the studio.