Krafton Acquires Tango Gameworks, Saving Hi-Fi Rush
Following Microsoft's announcement of Tango Gameworks' closure, Krafton Inc., the publisher behind PUBG, has acquired the acclaimed studio and its hit rhythm action game, Hi-Fi Rush. This unexpected acquisition has breathed new life into the future of the popular title.
Continued Development of Hi-Fi Rush and Future Projects
Krafton's acquisition secures the rights to Hi-Fi Rush, ensuring its continued development. The company plans to collaborate with Xbox and ZeniMax for a smooth transition, maintaining continuity for the Tango Gameworks team and its ongoing projects. Krafton explicitly stated its intention to support the studio in developing the Hi-Fi Rush IP and exploring new ventures. They emphasized their commitment to fostering innovation and delivering exciting experiences for fans.
The press release highlights Krafton's strategic expansion into the Japanese video game market, with this acquisition marking a significant investment.
No Impact on Existing Tango Gameworks Titles
Krafton confirmed that the acquisition will not affect the existing game catalog, including The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and the original Hi-Fi Rush. These titles will remain available on their respective platforms. Microsoft also issued a statement expressing their support for the transition and their anticipation of future projects from Tango Gameworks.
Tango Gameworks, founded by Resident Evil creator Shinji Mikami, was unexpectedly shut down by Microsoft in May 2024 as part of a broader restructuring effort. This decision, despite the critical success of Hi-Fi Rush, surprised many in the industry.
Hi-Fi Rush's Continued Success and the Future
Hi-Fi Rush has garnered significant critical acclaim, winning awards for its animation and audio design. The news of Tango Gameworks' acquisition has been met with relief and excitement by fans and developers alike. While a sequel, Hi-Fi Rush 2, remains unconfirmed, the future of the franchise now appears much brighter under Krafton's ownership. Krafton's statement emphasizes their dedication to expanding their global presence and enriching their portfolio with high-quality, innovative content.
The acquisition represents a significant shift in the gaming landscape, demonstrating Krafton's commitment to supporting talented studios and fostering creative innovation. The future of Tango Gameworks, and Hi-Fi Rush in particular, is now full of potential.