Hi-Fi Rush Saved!? Tango Gameworks Purchased Just Before Closure

Krafton Rescues Tango Gameworks and Hi-Fi Rush

Months after Microsoft announced the closure of Tango Gameworks, Krafton Inc., the publisher behind PUBG, has acquired the studio and its critically acclaimed rhythm action game, Hi-Fi Rush. This unexpected acquisition has saved the studio from closure and secured the future of the Hi-Fi Rush IP.

Tango Gameworks' Future Secured

Krafton's acquisition includes the rights to Hi-Fi Rush, ensuring its continued development. The company will collaborate with Xbox and ZeniMax for a seamless transition, supporting Tango Gameworks' team and ongoing projects. Krafton explicitly stated its intention to allow Tango to continue developing the Hi-Fi Rush IP and pursue new projects.

The press release highlighted Krafton's strategic expansion into the Japanese video game market, with this acquisition representing a significant investment. Krafton emphasized its commitment to supporting Tango Gameworks' innovative spirit and providing fans with exciting new experiences. Importantly, the existing game catalog (The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and Hi-Fi Rush) will remain unaffected by the acquisition.

Microsoft's Perspective

A Microsoft spokesperson confirmed their collaboration with Krafton to ensure Tango Gameworks' continued success, expressing excitement for future projects from the studio.

Tango Gameworks, founded by Resident Evil creator Shinji Mikami, was unexpectedly shuttered by Microsoft in May 2024, despite the success of Hi-Fi Rush. This decision, part of a broader restructuring focusing on "high-impact titles," 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 Continued Success and Sequel Speculation

Hi-Fi Rush's critical acclaim, including awards for Best Animation (BAFTA) and Best Audio Design (The Game Awards and Game Developers’ Choice Awards), underscores its potential. While a Hi-Fi Rush sequel was reportedly pitched to Xbox and rejected prior to the acquisition, the possibility of a sequel under Krafton's ownership remains a topic of speculation.

Krafton's statement emphasizes its commitment to expanding its global reach and enriching its portfolio with high-quality content. The acquisition of Tango Gameworks is a strategic move aligned with this mission.

The future of Tango Gameworks and Hi-Fi Rush looks bright under Krafton's ownership, though the confirmation of a sequel remains pending.