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, announced via press release, secures the future of Hi-Fi Rush and its development team.
Krafton's Acquisition Saves Hi-Fi Rush
The news follows Microsoft's unexpected decision earlier this year to shutter Tango Gameworks, a move that surprised many given the studio's recent success with Hi-Fi Rush. Krafton's acquisition includes the rights to the Hi-Fi Rush IP, ensuring its continued development. Krafton has committed to working with Xbox and ZeniMax for a smooth transition, maintaining continuity for the Tango Gameworks team and its ongoing projects. They explicitly stated their intention to support the team in continuing to develop Hi-Fi Rush and explore new projects.
The acquisition marks Krafton's first major investment in the Japanese video game market and significantly expands their global reach. They emphasized their commitment to supporting Tango Gameworks' innovative spirit and delivering high-quality gaming experiences. Importantly, Krafton confirmed that existing titles from Tango Gameworks, such as The Evil Within series and Ghostwire: Tokyo, will remain unaffected and continue to be available on existing platforms. While these IPs will likely remain under Microsoft's control, Krafton's statement assures fans that the acquisition of Tango Gameworks and Hi-Fi Rush will not impact their availability.
A Microsoft spokesperson confirmed their collaboration with Krafton to ensure Tango Gameworks' continued success, expressing excitement for their future projects.
The Future of Hi-Fi Rush Remains Uncertain
While Hi-Fi Rush's future is secured under Krafton, the possibility of a sequel remains unconfirmed. Reports surfaced earlier this year that Tango Gameworks had pitched a Hi-Fi Rush sequel to Microsoft, which was ultimately rejected. While the acquisition fuels speculation about a potential Hi-Fi Rush 2, no official announcements have been made regarding Tango Gameworks' next project. Nevertheless, Hi-Fi Rush's critical acclaim, including awards for Best Animation (BAFTA Games Awards) and Best Audio Design (The Game Awards and Game Developers’ Choice Awards), strongly suggests a bright future for the franchise under Krafton's ownership. The acquisition is a significant win for fans who were disappointed by the initial closure announcement, and it demonstrates Krafton's commitment to innovative and high-quality game development.
