Krafton Inc., the publisher behind PUBG, has acquired Tango Gameworks, the studio behind the acclaimed rhythm action game Hi-Fi Rush, just before its planned closure by Microsoft. This acquisition saves the studio and secures the future of the Hi-Fi Rush IP.
Krafton's Acquisition Secures Hi-Fi Rush's Future
The acquisition, announced via press release, includes the rights to Hi-Fi Rush and ensures the studio's continued operation. Krafton will collaborate with Xbox and ZeniMax for a smooth transition, allowing Tango Gameworks to continue developing the Hi-Fi Rush IP and explore new projects. Krafton emphasized its commitment to supporting the team's innovation and delivering exciting experiences for fans.
Krafton's statement highlights this acquisition as a significant investment in the Japanese video game market and a strategic step in their global expansion. Importantly, the existing game catalog—The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and the original Hi-Fi Rush—will remain unaffected and available on existing platforms. Microsoft also confirmed their cooperation with Krafton to support Tango Gameworks' continued development.
A Pivotal Turn for Tango Gameworks
Tango Gameworks, founded by Resident Evil creator Shinji Mikami, faced closure in May as part of Microsoft's restructuring efforts focusing on "high-impact titles." This decision, despite the critical success of Hi-Fi Rush, surprised many. The studio's developers even released a final patch and announced a physical edition of Hi-Fi Rush after their layoff.
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 disappointing. While a Hi-Fi Rush sequel was reportedly pitched to and rejected by Xbox, Krafton's acquisition opens the door to future possibilities, though an official announcement regarding a sequel remains pending.
Krafton's acquisition represents a significant win for Tango Gameworks and its fans, securing the future of a beloved studio and its critically acclaimed title. The future of Hi-Fi Rush and Tango Gameworks' next projects under Krafton's leadership remain eagerly anticipated.