Tango Gameworks Rescued: Hi-Fi Rush Secures Buyer

Krafton Inc. Rescues Tango Gameworks and Hi-Fi Rush

Months after Microsoft's announcement to shutter Tango Gameworks, Krafton Inc., the publisher behind PUBG, has acquired the acclaimed studio and its hit rhythm game, Hi-Fi Rush. This surprising acquisition comes as a welcome relief to fans following the earlier closure announcement.

Tango Gameworks to Continue Hi-Fi Rush and Explore New Projects

Krafton's acquisition includes the rights to Hi-Fi Rush, ensuring its continued development. Krafton will collaborate with Xbox and ZeniMax for a smooth transition, maintaining continuity for Tango's team and projects. The studio will continue developing the Hi-Fi Rush IP and explore future projects under Krafton's leadership.

Krafton's statement emphasizes their excitement about this acquisition, highlighting it as a significant investment in the Japanese video game market and a strategic move to expand their global reach. They intend to support Tango Gameworks' commitment to innovation and creating exciting gaming experiences.

No Impact on Existing Game Catalog

Tango Gameworks, initially slated for closure in May, will resume operations under Krafton. The studio, founded by Shinji Mikami, is also known for The Evil Within series and Ghostwire: Tokyo. Despite their success, particularly with Hi-Fi Rush, Microsoft's decision to close the studio was part of a broader restructuring.

Krafton assures fans that the acquisition will not affect the existing game catalog, including The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and Hi-Fi Rush. These games will remain available on existing platforms.

Microsoft's statement confirms their collaboration with Krafton to support Tango Gameworks' continued game development.

Hi-Fi Rush's Continued Success and Future Uncertain

Hi-Fi Rush's critical acclaim, including awards for Best Animation and Best Audio Design, made Microsoft's decision to close the studio even more perplexing. The developers themselves demonstrated their commitment by working on a physical edition and a final patch even after being laid off.

While a Hi-Fi Rush sequel was reportedly pitched to Xbox before the closure, its future remains unconfirmed. Although Krafton's acquisition opens possibilities for a sequel, there's been no official announcement regarding a "Hi-Fi Rush 2."

Krafton's commitment to expanding its global presence and portfolio with innovative content makes the future of Tango Gameworks and its IPs promising. The acquisition marks a significant development in the gaming industry, offering a second chance for a talented studio and its acclaimed game.