PUBG proprietor Krafton has acquired Tango Gameworks from Xbox, and the Japanese studio is bringing the Hello-Fi Rush IP with it.
Krafton introduced the acquisition in its quarterly earnings report and says it’s working with Xbox to keep up continuity at Tango Gameworks throughout a (hopefully) clean transition.
It was out of the blue when Xbox introduced it was closing Tango Gameworks and different Zenimax/Bethesda studios, together with Arkane Austin, earlier this 12 months. The discharge of Hello-Fi Rush was met with vital acclaim, however that wasn’t sufficient to save lots of Tango Gameworks from the chop, whilst Microsoft splashed the money on buying Activision Blizzard.
However now the studio lives to battle one other day underneath new possession.
Krafton particulars Tango Gameworks & Hello-Fi Rush acquisition
”Krafton, Inc. in the present day welcomed the proficient folks of Tango Gameworks to their staff, marking an thrilling second within the firm’s international growth and its first important funding within the Japanese online game market. This strategic transfer will embrace the rights to Tango Gameworks’ acclaimed IP, Hello-Fi Rush.” Krafton mentioned in a press release.
”As a part of this strategic settlement, Krafton intends to collaborate with Xbox and ZeniMax to make sure a clean transition and keep continuity at Tango Gameworks, permitting the proficient staff to proceed creating the Hello-Fi Rush IP and discover future initiatives. Krafton intends to help the Tango Gameworks staff to proceed its dedication to innovation and delivering recent and thrilling experiences for followers. There will likely be no affect on the prevailing recreation catalog of The Evil Inside, The Evil Inside 2, Ghostwire: Tokyo, and the unique Hello-Fi Rush recreation.”
Tango Gameworks was based in 2010 and debuted with The Evil With, a survival horror recreation from Resident Evil guru Shinji Mikami. It went on to make a sequel to that recreation. It additionally created the supernatural motion recreation Ghostwire Tokyo.
Hi-Fi Rush shock launched on Xbox on January 25, 2023, and the rhythm motion platformer obtained excessive reward from gamers and critics alike. It additionally gained on the BAFTAs, The Recreation Awards, and the GDC Selection Awards.