Krafton Acquires Tango Gameworks and Hi-Fi Rush IP from Microsoft

The South Korean publisher steps in to save the studio and its acclaimed game series, ensuring continued development and future projects.

Microsoft initially shut down Tango Gameworks in May 2024 as part of broader studio closures.
Krafton's acquisition marks its first major investment in the Japanese video game market.
The deal includes the Hi-Fi Rush IP but excludes other Tango franchises like The Evil Within and Ghostwire: Tokyo.
Krafton is collaborating with Xbox and ZeniMax to ensure a smooth transition for the Tango team.
Tango Gameworks will continue developing Hi-Fi Rush and exploring new projects under Krafton's ownership.