Krafton Inc., the publisher behind PUBG, has acquired Tango Gameworks, the studio behind the acclaimed rhythm action game Hi-Fi Rush, saving the studio from closure just months after Microsoft announced its shuttering. This acquisition includes the rights to the Hi-Fi Rush IP.
Krafton's Acquisition Secures Hi-Fi Rush's Future
The news follows Microsoft's surprising decision earlier this year to close Tango Gameworks, a move that shocked fans and industry professionals. Krafton's acquisition ensures the continuation of the Hi-Fi Rush franchise and opens the door for future projects from the talented team. Krafton emphasized its commitment to working collaboratively with Xbox and ZeniMax to ensure a smooth transition and maintain continuity for Tango Gameworks' existing projects and employees.
The press release highlights Krafton's intention to support Tango Gameworks in its continued pursuit of innovative and exciting gaming experiences. This acquisition represents Krafton's first major investment in the Japanese video game market and a significant step in their global expansion strategy. Importantly, Krafton confirmed that existing titles from Tango Gameworks, including 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.
Hi-Fi Rush's Continued Success and Future Potential
Hi-Fi Rush has garnered significant critical acclaim, winning awards for its animation and audio design. The game's success, coupled with the studio's established talent, makes this acquisition a strategic move for Krafton. While a Hi-Fi Rush 2 remains unconfirmed, the acquisition significantly increases the likelihood of a sequel. The developers' dedication to the game, evidenced by their post-layoff work on a physical edition and a final patch, further underscores the potential for future installments.
Microsoft, in a statement, expressed support for the transition and expressed anticipation for future projects from Tango Gameworks under Krafton's leadership. The acquisition marks a surprising turn of events, transforming a potential loss into an opportunity for continued innovation and success for both Krafton and the talented team at Tango Gameworks.