Following Microsoft's plans to shut down Tango Gameworks, Krafton, the publisher of PUBG, has acquired the studio and its acclaimed game Hi-Fi Rush.
Hi-Fi Rush developer Tango Gameworks has avoided closure, three months after Microsoft announced plans to shut down the studio. Krafton , the South Korean publisher behind PUBG: Battlegrounds and The Callisto Protocol, revealed on Monday that it had acquired the game and its Japanese studio, collaborating with Xbox to ensure a “smooth transition” that allows the Tango Gameworks team to “continue developing the Hi-Fi Rush IP and explore future projects.
” Microsoft had initially stated in May that it was closing Tango Gameworks, alongside Redfall developer Arkane Austin and Mighty Doom developer Alpha Dog Studios — three studios acquired following the 2021 purchase of ZeniMax. The planned closure of Tango Gameworks faced significant backlash from the gaming community at the time, as Hi-Fi Rush had garnered numerous awards during the 2023–2024 awards season. Like Skylanders developer Toys For Bob, which transitioned to an independent studio earlier this year after leaving Microsoft / Activision, Tango Gamesworks has been spared from Microsoft’s wave of layoffs and studio closures. The financial details of the acquisition remain undisclosed. Krafton’s announcement focused solely on Hi-Fi Rush, leaving the ownership of other Tango Gameworks franchises like The Evil Within and Ghostwire: Tokyo unclear. Further clarification has been sought from Krafton. The PUBG owner assures that the acquisition will not affect the availability of Tango Gameworks’ existing game catalog. Krafton expresses its commitment to supporting the Tango Gameworks team in delivering “fresh and exciting experiences for fans” — potentially hinting at the possibility of a rumored Nintendo Switch Hi-Fi Rush port or even sequels to the game
Hi-Fi Rush Tango Gameworks Krafton Acquisition Microsoft Studio Closure
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