Tango Gameworks was closed by Microsoft in Could, and plenty of lamented the lack of a studio that had operated for almost 15 years and produced video games like shock 2023 hit Hi-Fi Rush. Seoul-based writer Krafton Inc. has saved the day, nevertheless, because the agency introduced that it has acquired each Tango Gameworks and the Hi-Fi Rush IP from Microsoft.
The settlement will enable Tango to “proceed growing the Hi-Fi-Rush IP and discover future initiatives” in accordance with Krafton’s official announcement of the transfer. The assertion additionally confirms that there will likely be “no impression” on different Tango initiatives like The Evil Inside and Ghostwire: Tokyo, which is able to stay with Microsoft.
Krafton introduced the acquisition Monday morning in Seoul–Sunday night for North America–and stated that the transfer “reinforces Krafton’s dedication to increasing its international footprint and enhancing its portfolio with progressive and high-quality content material.” Talking with Windows Central, a Microsoft spokesperson stated that the corporate is “working with Krafton to allow the staff at Tango Gameworks to proceed to construct video games collectively and we sit up for taking part in their subsequent nice sport.”
Tango Gameworks was certainly one of 4 studios shut down by Microsoft again in Could, with the opposite three being Alpha Canine Video games, Roundhouse Video games, and Arkane Austin. On the time, Microsoft stated in a company-wide e mail that the closures have been “robust choices to create capability to extend funding in different elements of our portfolio and concentrate on our precedence video games.”
Hi-Fi Rush initially launched in January 2023 for Xbox and PC as a shock launch after the Xbox and Bethesda Developer Direct. The sport was then launched on PlayStation 5 earlier this 12 months, together with different Microsoft-Studios-developed video games like Pentiment, Grounded, and Sea Of Thieves.