Tango Gameworks and Hi-Fi RUSH IP Acquired by South Korean Publisher Krafton
In a nutshell
- Despite Hi-Fi Rush winning several awards, Tango Gameworks was part of an unfortunate closure by Microsoft, which included other Bethesda Studios
- Krafton has now announced that they are acquiring both the studio and the IP, essentially saving both
- South Korean publisher Krafton owns PUBG Studios and Striking Distance (The Callisto Protocol).
Krafton has announced that they have acquired Tango Gameworks and the Hi-Fi RUSH IP, making this their first significant investment in the Japanese market.
Krafton will be collaborating with Xbox and ZeniMax for transition purposes, and this will effectively save the studio from shutting down and allow the team to continue their work on the Hi-Fi Rush IP and even explore future projects.
As for the other IPs under the studio, Krafton mentions that “there will be no impact on the existing game catalog of The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and the original Hi-Fi RUSH game.”
Tango Gameworks was part of an unfortunate closure by Microsoft back in May, which included several Bethesda Studios like Arkane Austin (Redfall), Alpha Dog Studios (Mighty Doom), and Roundhouse Games.
South Korean publisher Krafton owns PUBG Studios and Striking Distance (The Callisto Protocol).