Krafton Inc. Acquires Tango Gameworks, Saving Hi-Fi Rush!
PUBG developer rescues acclaimed studio and its hit rhythm game.
In a surprising turn of events, Krafton Inc., the publisher behind the globally popular PUBG, has acquired Tango Gameworks, the studio behind the critically acclaimed Hi-Fi Rush and The Evil Within series. This acquisition comes just months after Microsoft announced the closure of Tango Gameworks, a decision that sent shockwaves through the gaming community.
The acquisition includes the rights to the Hi-Fi Rush IP. Krafton has pledged to collaborate closely with Xbox and ZeniMax to ensure a smooth transition and maintain continuity for Tango Gameworks' team and projects. The studio will continue developing Hi-Fi Rush and explore new projects under Krafton's wing.
Krafton emphasized its commitment to supporting Tango Gameworks' innovative spirit and delivering exciting new experiences for players. Importantly, the publisher confirmed that existing titles like The Evil Within, The Evil Within 2, and Ghostwire: Tokyo will remain unaffected by the acquisition and will continue to be available on existing platforms. A Microsoft spokesperson echoed this sentiment, expressing their support for Tango Gameworks' continued game development.
Tango Gameworks, founded by Resident Evil creator Shinji Mikami, had faced closure as part of Microsoft's restructuring efforts earlier this year. Despite the success of Hi-Fi Rush, which garnered numerous awards including Best Animation at the BAFTA Games Awards and Best Audio Design at The Game Awards and Game Developers’ Choice Awards, the studio was slated for closure. The developers, even after layoffs, demonstrated their dedication by collaborating on a physical edition of Hi-Fi Rush with Limited Run Games.
While a Hi-Fi Rush 2 remains unconfirmed, the acquisition by Krafton opens up exciting possibilities for the future of the franchise and the studio's innovative approach to game development.
Krafton's acquisition represents a significant investment in the Japanese video game market and a strategic move to expand its global presence. This acquisition reinforces Krafton's dedication to high-quality, innovative content.
The future of Tango Gameworks and the potential for Hi-Fi Rush 2 is now in the hands of Krafton. This unexpected rescue of a talented studio and its acclaimed IP is a welcome development for fans eagerly anticipating future projects.
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