South Korean publisher Krafton is re-forming Tango Gameworks' core team so there's no acquisition costs with the studio, but IP rights must be purchased.

South Korean publisher Krafton became the unlikely saviour of Japanese developer Tango Gameworks in August, following

When Microsoft shut the studio down, Krafton came out of nowhere to save Tango Gameworks. Now, we're finding out why they saved the studio.

New owner Krafton has confirmed that Tango Gameworks had a 6-month old build of Hi-Fi Rush 2 in development before it was shut down by Bethesda and Xbox.

KRAFTON has signed a licensing agreement with Palworld developer Pocketpair to expand the Palworld intellectual property to mobile devices, the companies announced.

In a new interview with GamesIndustry.Biz, Krafton’s head of corporate development Maria Park shared with the world what they found out when they approached Microsoft about the acquisition.

A Krafton executive revealed that Hi-Fi Rush 2 was already in development when it bought Tango, and that work on it will continue.The Latest Tech News, Delivered to Your Inbox

Tango Gameworks had a six-month old build of a Hi-Fi Rush sequel when the studio was acquired by Krafton back in August. The studio would also like to bring the game to more platforms and plans for the sequel to have a more open and dynamic environment.