In a surprising turn of events, Krafton, the gaming giant behind PUBG, has acquired Tango Gameworks from Xbox. The move comes just months after Microsoft announced its intention to shut down the studio.
Tango Gameworks, renowned for its critically acclaimed titles like The Evil Within and the recent rhythm based action game Hi-Fi Rush was facing an uncertain future under Microsoft until Krafton stepped in. The acquisition marks a significant investment for the South Korean company in the Japanese gaming market, and ensures the survival of Hi-Fi Rush and its potential sequels.
As Tango Gameworks will continue to operate independently with Krafton's support, this acquisition is seen as a win for both Krafton and gaming enthusiasts. It not only saves a promising studio from closure but also promises exciting new projects from Tango Gameworks in the future.
This acquisition is seen as a win for both Krafton and gaming enthusiasts. It not only saves a promising studio from closure but also promises exciting new projects from Tango Gameworks in the future.
As the gaming industry undergoes rapid changes, Krafton's acquisition of Tango Gameworks highlights its ambition to become a global leader in interactive entertainment.