Exciting news hit the video game industry on Sunday night as Tango Gameworks, the brilliant minds behind games like Hi-Fi Rush, The Evil Within, and Ghostwire: Tokyo, will not be shutting down after all. This positive turn of events comes as Microsoft has decided to sell Tango Gameworks and the Hi-Fi Rush IP to Krafton, a renowned South Korean video game publisher recognized for supporting PlayerUnknown’s Battlegrounds. Krafton has revealed plans to transfer around 50 development staff from Tango Gameworks to Krafton’s Japan subsidiary.
Microsoft’s initial announcement in May about the closure of Tango Gameworks, along with a few other ZeniMax studios, was a shock to the industry. However, with the acquisition by Krafton, hope has been restored for the future of Tango Gameworks and the Hi-Fi Rush franchise. This move signifies Krafton’s commitment to expanding its global presence and enhancing its content offerings with innovative and high-quality games.
Furthermore, fans of Hi-Fi Rush will be delighted to hear that Tango Gameworks will continue to work on the IP and potential future projects, hinting at a sequel in the works. Creative Director John Johanas expressed his excitement on X (formerly Twitter) about the new chapter for the studio. It’s worth noting that Krafton clarified they do not own the rights to The Evil Within or Ghostwire: Tokyo.
If you’re interested in experiencing Hi-Fi Rush for yourself, the game is available on PC, Xbox Series X/S, and PlayStation 5. Krafton has assured that this acquisition will not impact the availability of Tango Gameworks’ existing game library.
