Just months after Microsoft announced the closure of Tango Gameworks, Krafton Inc., the publisher behind PUBG, has acquired the studio and its acclaimed rhythm action game, Hi-Fi Rush. This unexpected turn of events saves the studio and its popular IP from disappearing.
Krafton's acquisition includes the rights to Hi-Fi Rush, ensuring its continued development. The press release confirms that Tango Gameworks will continue developing the Hi-Fi Rush IP and explore new projects under Krafton's leadership. Krafton will collaborate with Xbox and ZeniMax for a smooth transition, maintaining continuity for the team and ongoing projects. The statement emphasizes Krafton's commitment to expanding its global reach and investing in the Japanese gaming market.
The acquisition marks a significant reversal for Tango Gameworks, which Microsoft had slated for closure in May. 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 critical success, Microsoft's decision to close the studio was part of a broader restructuring focusing 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. The publisher explicitly stated there will be no impact on the existing game catalog. Microsoft also confirmed their support for the transition, expressing excitement for Tango Gameworks' future projects.
It's noteworthy that other IPs, like The Evil Within and Ghostwire: Tokyo, will likely remain under Microsoft's control. Krafton's acquisition specifically focuses on Tango Gameworks and the Hi-Fi Rush IP.
Hi-Fi Rush's success, including awards for Best Animation (BAFTA) and Best Audio Design (The Game Awards and Game Developers’ Choice Awards), made the studio's closure particularly surprising. Following the initial closure announcement, the Hi-Fi Rush developers announced a physical edition through Limited Run Games and a final patch, demonstrating their dedication to the game.
While rumors circulated about a pitched Hi-Fi Rush sequel before the closure, Krafton has yet to officially confirm a Hi-Fi Rush 2. However, the acquisition opens the door to future possibilities, allowing Tango Gameworks to pursue innovative projects under Krafton's support. The future of the franchise remains an exciting question for fans.
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