Other Tango Gameworks and 'Hi-Fi Rush' have been acquired by PUBG's Krafton Inc

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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.

Krafton Inc today welcomed the talented people of Tango Gameworks to their team, marking a exciting moment in the company's global expansion and its first significant investment in the Japanese video game market," the press release reads. "This strategic move will include the rights to Tango Gameworks' acclaimed IP, Hi-Fi RUSH."
Krafton continued, "As part of this strategic agreement, KRAFTON intends to collaborate with Xbox and ZeniMax to ensure a smooth transition and maintain continuity at Tango Gameworks, allowing the talented team to continue developing the Hi-Fi RUSH IP and explore future projects. KRAFTON intends to support the Tango Gameworks team to continue its commitment to innovation and delivering fresh and exciting experiences for fans."



Source: Former Xbox studio Tango Gameworks and 'Hi-Fi Rush' have been acquired by PUBG's Krafton Inc, saving it from closure
 
Hopefully they make good use of all the staff.
 
Hopefully, this will mean many good games will be made in the future by Tango Gameworks and 'Hi-Fi Rush.
 
They did us a service. Since Hi-Fi Rush was so good, they deserve a chance with more games or a sequel.
 
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