Former Xbox studio Tango Gameworks and Hi-Fi Rush has been acquired by PUBG’s Krafton Inc, saving it from closure


What you need to know

  • A few months ago, Microsoft announced plans to close Xbox studio Tango Gameworks, its only Japanese-based team, as part of a round of cost cutting measures. 
  • Tango Gameworks was known for titles like Ghostwire Tokyo and The Evil Within, as well as recent break-out hit Hi-Fi Rush. 
  • Krafton Inc. publishes mega-franchise battle royale PlayerUnknown’s Battlegrounds, and has been expanding to other regions and exploring new game franchises as of late. 
  • Krafton Inc. announced today that it has acquired Tango Gameworks as well as the Hi-Fi Rush IP, saving the team from closure. 

Tango Gameworks will live on, as Microsoft has reached an agreement with publisher Krafton to maintain the studio. Krafton Inc, known for games like PlayerUnknown’s Battlegrounds has fully acquired Tango Gameworks from Xbox, as well as the the rights to recent action hit Hi-Fi Rush

Microsoft closed Tango Gameworks earlier this year, as part of a round of layoffs that saw various Xbox studios closed. Tango was known for games like the aforementioned high-octane rhythm-brawler Hi-Fi Rush, as well as survival horror franchise The Evil Within. Tango was initially established in 2010 by Shinji Mikami of Resident Evil fame, with the studio coming across to Microsoft as part of the ZeniMax acquisition. 





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