Krafton Inc. Rescues Tango Gameworks and 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 known for PUBG and The Callisto Protocol – has acquired the studio and its IP rights. This unexpected acquisition has saved Hi-Fi Rush and secured the future of Tango Gameworks.
Tango Gameworks to Continue Hi-Fi Rush Development and Explore New Projects
Krafton's acquisition includes the rights to the critically acclaimed rhythm-action game, Hi-Fi Rush. The company has pledged to collaborate with Xbox and ZeniMax to ensure a smooth transition for Tango Gameworks' team and ongoing projects. Krafton explicitly stated its intention for Tango to continue developing the Hi-Fi Rush IP and pursue new game projects.
The press release highlighted Krafton’s excitement about this strategic move, representing their first major investment in the Japanese video game market. The acquisition of Tango Gameworks and its IP, including Hi-Fi Rush, significantly strengthens Krafton's global presence and content portfolio.
Microsoft's decision to close Tango Gameworks in May, despite the success of Hi-Fi Rush, was part of a broader restructuring aimed at prioritizing "high-impact titles." This decision shocked many, given Hi-Fi Rush's critical acclaim and numerous awards, including "Best Animation" at the BAFTA Games Awards and "Best Audio Design" at The Game Awards.
Krafton emphasized 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 their respective platforms. Microsoft also issued a statement expressing support for Krafton's acquisition and Tango Gameworks' continued development efforts.
Hi-Fi Rush 2 Remains Unconfirmed
While speculation about a Hi-Fi Rush sequel is rife, no official announcement regarding a Hi-Fi Rush 2 has been made. Reports surfaced that Tango Gameworks had pitched a sequel to Microsoft before the studio's closure, but the proposal was ultimately rejected. Krafton's commitment to supporting Tango Gameworks' innovative spirit raises hopes for future projects, but the future of Hi-Fi Rush beyond the original remains to be seen.
The acquisition underscores Krafton's dedication to expanding its global reach and portfolio with high-quality, innovative games. The future of Tango Gameworks and the Hi-Fi Rush franchise is now firmly in the hands of Krafton, promising an exciting new chapter for both.