PUBG publisher Krafton has acquired Tango Gameworks and the Hi-Fi Rush IP from Xbox as part of a 'strategic agreement'.
The firm says it is working with Xbox to enable a 'smooth transition' so that the Tango team can "continue developing the Hi-Fi Rush IP and explore future projects".
Tango Gameworks was one of four Bethesda studios that Microsoft announced plans to shut down back in May. It was formed by Resident Evil creator Shinji Mikami in 2010, and was responsible for The Evil Within, The Evil Within 2 and Ghostwire Tokyo, before launching Hi-Fi Rush in 2023 to critical acclaim. Xbox acquired the studio in 2021 as part of its $7.5 billion purchase of Bethesda parent company Zenimax.
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