PUBG Publisher Rescues Tango Gameworks, But Microsoft Holds Titles
Aug 12, 2024 8:37 AMKrafton Inc. has successfully acquired Tango Gameworks and its acclaimed game Hi-Fi Rush, saving the studio from closure amid troubling layoffs in the gaming industry. This acquisition marks Krafton's first major investment in the Japanese gaming market, although significant IPs like Ghostwire Tokyo and The Evil Within will remain under Microsoft's control. Tango Gameworks faced potential layoffs after Microsoft announced the closure of several studios, but Krafton's intervention prevents this outcome, offering new opportunities for the team and ensuring continuity for Hi-Fi Rush and future projects.
Why did Krafton acquire Tango Gameworks?Krafton acquired Tango Gameworks to save the studio from closure and ensure that the talented development team behind the successful Hi-Fi Rush continues to operate, highlighting Krafton's strategic move to strengthen its presence in the Japanese gaming market.
Tango Gameworks, founded in 2010, is well-known for its unique approach to game design, blending vibrant art styles with engaging gameplay, as showcased in their recent title, Hi-Fi Rush. The studio gained significant recognition when Hi-Fi Rush was launched in January 2023, praised for its innovative mechanics and compelling storytelling, standing out in an era dominated by sequels and franchise reboots.
Casey Loh
Casey Loh is a tech-savvy writer who specializes in the intersection of gaming and technology. With a background in computer science, Casey brings a technical lens to her reviews, breaking down the nuts and bolts of game engines, graphics, and AI innovation.
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Sephiroth commented on: 2024-08-12 08:54:02
It's great to see Krafton stepping in to support Tango Gameworks; Hi-Fi Rush really brought a fresh vibe to the table, showcasing what innovative game design can achieve. This acquisition not only saves jobs but also opens up exciting possibilities for future projects—let's hope they keep that creative spirit alive
Stimpy commented on: 2024-08-12 08:48:03
It's great to see Krafton stepping in to save Tango Gameworks—Hi-Fi Rush was such a breath of fresh air in the gaming landscape This move not only protects a talented team but also strengthens Krafton's foothold in Japan, showing they’re serious about expanding beyond their usual boundaries.
Miss Peachy commented on: 2024-08-12 08:42:02
It's awesome to see Krafton stepping in to support Tango Gameworks and keep the creative energy of Hi-Fi Rush flowing In a landscape where studios face closures, this move not only preserves unique titles but also signals an exciting expansion into the vibrant Japanese gaming scene.
