Krafton, the renowned South Korean gaming company, has made a significant move in the industry by acquiring Tango Gameworks along with the rights to the celebrated Hi-Fi Rush intellectual property. This acquisition was confirmed through a post on Krafton’s official website, although the financial details of the deal remain undisclosed.
Strategic Collaboration and Future Endeavors
This development follows Microsoft’s recent announcement regarding the closure of Tango Gameworks, a decision influenced by the departure of the studio's founder, Shinji Mikami. Matt Booty, chief of Xbox studios, highlighted that the management shift played a role in this transition.
In its statement, Krafton expressed a commitment to work closely with Xbox and ZeniMax to facilitate a seamless transition for Tango Gameworks. The aim is to ensure that the talented team can continue their work on the Hi-Fi Rush franchise while also exploring new projects that promise to captivate audiences.
- Support for Innovation: Krafton plans to bolster the Tango Gameworks team, reinforcing their dedication to innovation and the delivery of engaging experiences for gamers.
- No Disruption to Existing Titles: The existing game catalog, which includes titles like The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and the original Hi-Fi Rush, will remain unaffected by this acquisition.
This strategic integration underscores Krafton’s ambition to broaden its global presence and enrich its portfolio with high-quality, innovative content. The addition of Tango Gameworks aligns seamlessly with Krafton’s mission to redefine the landscape of interactive entertainment.