Following Microsoft's announcement of Tango Gameworks' closure, Krafton Inc., the publisher behind PUBG, has acquired the studio and its critically acclaimed rhythm action game, Hi-Fi Rush. This surprising turn of events saves the studio and its popular IP.
Krafton's acquisition of Tango Gameworks, the studio behind Hi-Fi Rush and the Evil Within series, was announced today. This follows Microsoft's unexpected decision to shutter the studio earlier this year, a move that sent shockwaves through the gaming community.
The acquisition includes the rights to Hi-Fi Rush, the award-winning rhythm game. Krafton will collaborate with Xbox and ZeniMax to ensure a smooth transition for the Tango Gameworks team and its projects. Krafton's statement confirms that Tango will continue developing the Hi-Fi Rush IP and pursue new projects.
Krafton emphasized its commitment to expanding its global presence and investing in the Japanese video game market. The acquisition of Tango Gameworks and Hi-Fi Rush represents a significant step in this strategy.
Tango Gameworks, initially slated for closure in May, will now operate under Krafton's ownership. Founded by Resident Evil creator Shinji Mikami, the studio is also known for The Evil Within series and Ghostwire: Tokyo. Despite Hi-Fi Rush's success, Microsoft's decision to close the studio was part of a larger restructuring focused on high-impact titles.
Krafton assures fans that existing titles – The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and Hi-Fi Rush – will remain unaffected. They plan to support Tango Gameworks' continued innovation and commitment to creating exciting gaming experiences.
Microsoft commented on the acquisition, stating their intention to work with Krafton to ensure Tango Gameworks' continued game development.
Tango Gameworks was among the Bethesda studios closed by Microsoft earlier this year following the ZeniMax acquisition in 2021. The closure, impacting several studios including Arkane Austin, Alpha Dog Games, and Roundhouse Studios, sparked considerable disappointment.
The Hi-Fi Rush development team, even after being laid off, demonstrated their dedication by announcing a physical edition of the game with Limited Run Games and releasing a final patch.
Hi-Fi Rush's critical acclaim, including awards for Best Animation (BAFTA) and Best Audio Design (The Game Awards and Game Developers' Choice Awards), made the studio's closure even more disheartening.
Krafton's statement highlights their intention to support Tango Gameworks in pushing the boundaries of interactive entertainment.
While Tango Gameworks had reportedly pitched a Hi-Fi Rush sequel to Xbox before the closure, its fate remains uncertain. Although speculation abounds regarding a potential Hi-Fi Rush 2, no official announcement has been made.
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