Krafton Rebrands Tango Gameworks After Acquisition from Microsoft

Tokyo-based Tango Gameworks unveiled a studio rebranding on June 2, marking a fresh chapter under its new owner Krafton. The PUBG publisher acquired the developer after Microsoft unexpectedly shuttered it—despite prior praise for Hi-Fi Rush’s critical and commercial success.

The revamp includes a redesigned logo reflecting Tango’s refined creative vision, alongside a new website featuring developer profiles to attract talent. Open positions suggest active development on upcoming projects, though details remain undisclosed.

Microsoft’s abrupt closure decision shocked industry observers, coming just a year after Xbox executive Aaron Greenberg hailed Hi-Fi Rush as exceeding all expectations. The rhythm-action title won multiple awards, including Best Animation, and maintains ’Very Positive’ Steam reviews.