Three months after Microsoft announced its closure, Hi-Fi Rush studio Tango Gameworks has found a new home with PUBG publisher Krafton. In an announcement today, the Korean publisher described the move as its "first significant investment in the Japanese market."

According to a statement from Krafton, the move will not affect Tango Gamesworks' back catalog, which includes: Tokyo. The company will also work with Xbox and ZeniMax to "ensure a smooth transition and continuity for Tango Gameworks, allowing the talented team to continue developing the Hi-Fi Rush IP and explore future projects."

Reading between the lines, I think this means that Krafton is either not interested in making any more The Evil Within and Ghostwire games or has not purchased those IPs I have contacted Krafton and will update if I hear back. Hi-Flash is not dead.

Tango Gameworks was founded in 2010 by horror veteran Shinji Mikami, who left the studio last year before the closure was announced; Hi-Fi Rush was the studio's most critically successful, despite its significant departure from its horror roots It was a title.

In May, Microsoft announced the closure of Tango Gameworks, along with other ZeniMax studios including Arcane Austin, Alpha Dog Games, and Roundhouse Studios. According to Matt Booty, "These changes are based on prioritizing high-impact titles and further investing in Bethesda's portfolio of blockbuster games and beloved worlds that we have nurtured over decades."

In addition to PUBG Studios, Crafton also owns The Callisto Protocol studio's Striking Distance and Subnautica studio's Unknown Worlds.