by Caleb Dec 15,2024
Krafton Inc. Acquires Tango Gameworks, Saving Hi-Fi Rush from Closure
Just months after Microsoft announced the closure of Tango Gameworks, the acclaimed studio behind Hi-Fi Rush and The Evil Within series, Krafton Inc. – the publisher behind PUBG and TERA – has stepped in to acquire the studio and its popular rhythm-action game.
This surprising acquisition follows Microsoft's decision earlier this year to shut down Tango Gameworks, a move that shocked fans and industry professionals. Krafton's acquisition includes the rights to Hi-Fi Rush, ensuring the game's continued development and opening doors for future projects. Krafton emphasized its commitment to a smooth transition, working closely with Xbox and ZeniMax to maintain continuity for Tango Gameworks' team and ongoing projects.
Krafton stated that Tango Gameworks will continue developing the Hi-Fi Rush IP and explore new ventures. The publisher also 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, faced closure despite the critical success of Hi-Fi Rush, which won several awards including 'Best Animation' at the BAFTA Games Awards and 'Best Audio Design' at The Game Awards and Game Developers’ Choice Awards. The studio's developers even worked on a physical edition of Hi-Fi Rush with Limited Run Games after their layoff.
The acquisition marks Krafton's first major investment in the Japanese video game market and signifies their dedication to expanding their global reach with innovative and high-quality content. While a Hi-Fi Rush 2 remains unconfirmed, the acquisition certainly opens the possibility.
Krafton's commitment to supporting Tango Gameworks' continued innovation and exciting experiences for fans has breathed new life into the studio and its acclaimed IP. The future of Tango Gameworks, and the potential for a Hi-Fi Rush sequel, is now in the hands of Krafton.
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