Tango Gameworks Acquired By Krafton Inc

During a time where layoffs and shut downs have been plaguing the game industry over the last few years, some positive news has come.

Tango Gameworks, which was set to be shut down by Microsoft has been bought by Krafton inc. , mostly known as the publisher behind PUBG. The acquisition also comes with the rights to Hi-Fi Rush, the shadow drop rhythm hack and slash that received widespread critical acclaim.

Critically acclaimed Hi-Fi Rush is getting a new lease on life

A statement from Krafton follows:

“KRAFTON, Inc. today welcomed the talented people of Tango Gameworks to their team, marking an exciting moment in the company’s global expansion and its first significant investment in the Japanese video game market. This strategic move will include the rights to Tango Gameworks’ acclaimed IP, Hi-Fi RUSH“.

“As part of this strategic agreement, KRAFTON intends to collaborate with Xbox and ZeniMax to ensure a smooth transition and maintain continuity at Tango Gameworks, allowing the talented team to continue developing the Hi-Fi RUSH IP and explore future projects. KRAFTON intends to support the Tango Gameworks team to continue its commitment to innovation and delivering fresh and exciting experiences for fans.”

The closure of Tango came as a shock when it was announced a few months ago and gamers everywhere were saddened by the studio’s closure. Along with Hi-Fi Rush, Tango is also known for developing the horror games The Evil Within and Ghostwire Tokyo. Although it looks like both of these franchises will be staying with Microsoft, it’s possible a sort of partnership can be worked out similar to Toys For Bob after they split from Microsoft/ ABK can be worked out. And while Hi-Fi Rush seems to be the focus, there may be some light for the future of all of these franchises.

Microsoft also spoke to Windows Central about the transaction saying We’re working with Krafton to enable the team at Tango Gameworks to continue to build games together and we look forward to playing their next great game. There will be no impact to the existing catalog of Tango games.”

Hopefully we can see something similar with other studios that were closed down where another publisher is willing to take them on.

DeMandre "LetalisVenator" Pressley

A lifelong gamer who enjoys playing on every platform. Eventually, I grew to love fighting games in particular and began to compete and even win competitions for some games, primarily the 2013 revival of killer instinct. Outside of gaming I also have aspirations of being a comic book artist with a few ideas of my own im developing in my head. When reviewing any game I try to keep my mind open and avoid nitpicking too much. It takes a lot for something to detract me from truly enjoying it so I may not focus on smaller details the way some others might do. I enjoy almost any genre, just don't ask me to play horror games or puzzle games.