Krafton, PUBG's publishing company, has acquired Hi-Fi Rush's studio, Tango Gameworks, after Microsoft decided to shut it down earlier this year.
In their official press release, Krafton said they're"allowing the talented team to continue developing the Hi-Fi RUSH IP and exploring future projects" and that their acquisition of the Japanese game studio will have "no impact on the existing game catalog..."
Krafton's decision saved many acclaimed and beloved IPs from going into developer hell, a dreaded place few games come back from. Had the studio been fully closed down, we would've never likely visited The Evil Within's Krimson City, or Hi-Fi Rush's colorful Vandelay Island again.
Tango Gameworks has yet to respond to the news.
Hope Rekindled After Microsoft's Great Studio Purge
Alongside Tango Gameworks, Microsoft shut down Arkane Austin, Roundhouse Games, and Alpha Dog Games in May of this year.
Employees from these studios were either let go or moved to Microsoft's other studios, Bethesda and Zenimax Online.
Despite earlier layoffs at Xbox, fans were shocked by the decision. Both Tango Gameworks and Arkane, in particular, were widely celebrated as successful game studios, albeit with a few hiccups.Tango Gameworks' Ghostwire: Tokyo was an admirable open-world title,...
