Although the Tango Gameworks studio, responsible for titles such as The Evil Within and Hi-Fi Rush, was officially closed in June, it is being revived under Krafton's banner. The latter, which already owns studios such as Striking Distance Studios and Unknown Worlds, is thereby marking its entry into the Japanese video game market.

The video game industry is often marked by news of closures and layoffs, but the plot twist orchestrated by the Korean group Krafton brings a touch of warmth at the start of this week. Although the Tango Gameworks studio, responsible for titles such as The Evil Within and Hi-Fi Rush, was officially closed in June, it is being revived under Krafton's banner. The latter, which already owns studios such as Striking Distance Studios and Unknown Worlds, is thereby marking its entry into the Japanese video game market.

Krafton, which is acquiring its first Japanese studio here, is celebrating the integration of Tango Gameworks' talented teams. This acquisition represents an important milestone in Krafton's global expansion, and the company has also acquired the Hi-Fi Rush franchise with the intention of developing it further. However, Tango Gameworks' other licenses, such as The Evil Within and Ghostwire Tokyo, remain the property of Bethesda. Key Tango talents, including John Johanas, are joining Krafton to carry on the studio's legacy.

The Krafton group announced this acquisition alongside its excellent financial results for the first half of 2024, with record revenue of €915 million. Krafton also plans to collaborate with Xbox and ZeniMax to ensure a smooth transition, allowing the Tango Gameworks team to continue developing Hi-Fi Rush and exploring new projects.