In a surprising turn of events, Krafton Inc., the publisher behind PUBG, has acquired Tango Gameworks, the studio behind the acclaimed rhythm-action game Hi-Fi Rush, just months after Microsoft announced its closure. This acquisition secures the future of Hi-Fi Rush and its talented team.
Krafton Acquires Tango Gameworks and Hi-Fi Rush IP
Tango Gameworks to Continue Hi-Fi Rush and Explore New Projects
The South Korean gaming giant, Krafton, has officially acquired Tango Gameworks, rescuing the studio from closure and securing the rights to its critically-acclaimed titles, including Hi-Fi Rush. Krafton assures a smooth transition, working closely with Xbox and ZeniMax to maintain continuity for the team and ongoing projects. The studio will continue development of the Hi-Fi Rush IP and explore new game concepts.
Krafton's press release emphasizes its commitment to expanding its global presence and investment in the Japanese gaming market. The acquisition of Tango Gameworks, including the Hi-Fi Rush IP, is a significant step in this strategy.
Tango Gameworks, founded by Resident Evil creator Shinji Mikami, was unexpectedly shut down by Microsoft in May 2024. Despite the success of Hi-Fi Rush and other titles like The Evil Within series and Ghostwire: Tokyo, the studio was deemed non-essential in Microsoft's restructuring.
Krafton's acquisition ensures the continued availability of The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and the original Hi-Fi Rush. Other IPs will remain under Microsoft's control. Krafton pledges support for Tango Gameworks' continued innovation.
A Microsoft spokesperson confirmed their collaboration with Krafton to ensure a seamless transition and expressed excitement for Tango Gameworks' future projects.
Tango Gameworks' unexpected closure led to disappointment among fans and industry professionals. The developers, despite being laid off, demonstrated their dedication by announcing a physical edition of Hi-Fi Rush and releasing a final patch.
Hi-Fi Rush 2 Remains Unconfirmed
Hi-Fi Rush's success, including accolades like "Best Animation" at the BAFTA Games Awards and "Best Audio Design" at The Game Awards, made the studio's closure even more surprising. While a sequel was reportedly pitched to Xbox before the closure, its future remains uncertain. Although Krafton's acquisition opens possibilities for a Hi-Fi Rush 2, no official announcement has been made.
Krafton's statement highlights its commitment to expanding its global reach and portfolio with high-quality, innovative content. The acquisition of Tango Gameworks aligns perfectly with this mission. The future of Tango Gameworks under Krafton's leadership is anticipated with great interest.
