In a surprising move, Krafton, the parent company of PUBG Corp and Striking Distance Studios, has acquired Tango Gameworks from Xbox. This acquisition comes after the recent closure of ZeniMax, Tango’s previous parent company. While the financial details of the deal remain undisclosed, Krafton has secured the rights to the popular Hi-Fi Rush IP, ensuring its continued development.
In a press release, Krafton confirmed its commitment to working closely with ZeniMax to ensure a seamless transition for the Tango Gameworks team. This collaboration aims to facilitate the development of future Hi-Fi Rush titles, securing a brighter future for the studio and its acclaimed franchise.
The acquisition of Tango Gameworks and Hi-Fi Rush signifies a positive development amidst the recent wave of layoffs sweeping through the gaming industry. It highlights Krafton’s dedication to supporting talented studios and expanding its portfolio of successful franchises. The future of Tango Gameworks and the Hi-Fi Rush series appears promising under Krafton’s leadership, with the potential for even greater success in the years to come.
