Krafton Secures Tango Gameworks and Hi-Fi Rush IP, Preserving Game Studio's Legacy
Sunday, 11 August 2024, 13:20
Krafton Acquires Tango Gameworks and Hi-Fi Rush IP
In a major development within the gaming industry, Krafton, the publisher behind PUBG, has successfully acquired Tango Gameworks and the Hi-Fi Rush intellectual property from Xbox.
Significance of the Acquisition
- The acquisition ensures that the studio will no longer face shutdown.
- Krafton is strategically expanding its portfolio in the gaming market.
- This move reinforces the potential for future games from Tango Gameworks.
Conclusion
The acquisition marks a positive turning point for Tango Gameworks, allowing it to pursue new creative projects without the threat of closure. This deal highlights the shifting dynamics within the gaming sector, with established publishers seeking to enhance their offerings through strategic acquisitions.
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