KRAFTON, the developers behind Player Unknown’s Battlegrounds, have announced that they have acquired Tango Gameworks, saving it from closure. The acquisition includes the rights to the Hi-Fi Rush IP.
For the last year, the video game industry has been in a dire state. For one, there are the countless layoffs/closures that have affected Microsoft, Bungie, Embracer Group, Behaviour Interactive, Riot Games, Sega, Sony, EA, Take-Two, and more. However, companies such as Toys for Bob have gone indie in order to avoid a similar fate. In a surprising announcement, Tango Gameworks has been saved after closing earlier this year.
Tango Gameworks Rescued from Closure, Hi-Fi Rush IP Acquired
KRAFTON, a South Korean developer, has announced that they have acquired Tango Gameworks from Microsoft. The announcement comes a few months after the studio closed earlier this year alongside Arkane Austin. Included in the acquisition is the Hi-Fi Rush IP, the beloved rhythm-action game released in 2023. While The Evil Within and Ghostwire: Tokyo are not included in the purchase, the Hi-Fi Rush franchise will likely continue to expand in the coming years.
Steam describes Hi-Fi Rush as follows:
Feel the beat as wannabe rockstar Chai and his ragtag team of allies rebel against an evil robotics enhancement megacorp with raucous rhythm combat! From Tango Gameworks, the studio that brought you The Evil Within and Ghostwire: Tokyo (no, really) comes Hi-Fi RUSH, an all-new action game where the characters, world and combat stylishly sync to the music!
Hi-Fi Rush is available now on PC, Xbox Series X|S, and PlayStation 5. It is unknown if the game will release on the Nintendo Switch.