Microsoft shut down Hello-Fi Rush developer Tango Gameworks, alongside a number of different Bethesda-owned studios, in Could to shift concentrate on to its “precedence video games.” Tango had on the time confirmed its closure, however the Japanese studio has now been acquired by Krafton and can stay open. The South Korean writer introduced Monday that it had built-in Tango Gameworks into its workforce, marking its “first important funding within the Japanese online game market.” The deal additionally contains the mental property rights to Hello-Fi Rush, the acclaimed rhythm-based motion sport from Tango.
Tango Gameworks Acquired by Krafton
Krafton didn’t reveal any monetary particulars concerning the deal however stated that it will work with Xbox and Bethesda mother or father ZeniMax to make sure a easy switch of possession. The PUBG: Battlegrounds writer additionally confirmed that it will enable Tango Gameworks to additional develop the Hello-Fi Rush IP, hinting at potential sequels.
“As a part of this strategic settlement, KRAFTON intends to collaborate with Xbox and ZeniMax to make sure a easy transition and keep continuity at Tango Gameworks, permitting the proficient workforce to proceed growing the Hello-Fi RUSH IP and discover future initiatives,” the corporate stated in a press launch. “KRAFTON intends to help the Tango Gameworks workforce to proceed its dedication to innovation and delivering recent and thrilling experiences for followers,” it added.
The writer stated that Tango’s current catalogue of video games like The Evil Inside, The Evil Inside 2, Ghostwire: Tokyo and Hello-Fi Rush won’t be impacted by the acquisition.
The deal represents Krafton’s first main funding within the Japanese online game market. The corporate owns a number of internation sport studios and has acquired builders like Neon Big and Unknown Worlds Leisure in recent times. “This integration reinforces KRAFTON’s dedication to increasing its international footprint and enhancing its portfolio with progressive and high-quality content material,” Krafton stated about its newest acquisition.
Tango Gameworks was based by Capcom veteran Shinji Mikami in 2010 and was acquired by ZeniMax Media the identical yr. The corporate joined Microsoft’s portfolio of sport studios when the Xbox mother or father acquired ZeniMax in 2021.
Earlier this yr in Could, Microsoft introduced it was shutting down a number of Bethesda-owned sport studios, together with Tango Gameworks and Redfall maker Arkane Austin. The axe fell on Tango regardless of the essential success of its newest sport, Hello-Fi Rush.