Strategic integration

Krafton has acquired Tango Gameworks and the rights to the Hi-Fi Rush intellectual property. The acquisition was confirmed on Krafton’s official website, but financial details were not disclosed. This move follows Microsoft’s announcement of Tango Gameworks' closure due to the departure of its founder, Shinji Mikami. Krafton aims to collaborate with Xbox and ZeniMax to ensure a smooth transition for Tango Gameworks, allowing the team to continue working on the Hi-Fi Rush franchise and explore new projects. Krafton plans to support the Tango Gameworks team and maintain the existing game catalog, which includes titles like The Evil Within, The Evil Within 2, Ghostwire: Tokyo, and the original Hi-Fi Rush. This acquisition is part of Krafton’s strategy to expand its global presence and enhance its portfolio with innovative content.