Rush Hi-Fi Studio Saved From Microsoft Shutdown

High Fidelity Racing Developer Tango Gameworks has been spared closure, three months after Microsoft announced plans to shutter the studio. Krafton, the South Korean publisher behind PUBG: Battlegrounds and The Protocol of Callisto, announced on Monday which acquired the game and its Japanese studio and is working with Xbox to enable a “smooth transition” to ensure the Tango Gameworks team can “continue developing the High Fidelity Racing IP and explore future projects.

The value of the deal was not disclosed. High Fidelity Racing was the only Tango IP mentioned in Krafton’s announcement, so it’s unclear whether Microsoft is giving up the rights to the studio’s other franchises, such as The Evil Within and Ghostwire: Tokyo. We reached out to Krafton for clarification. The PUBG owner says the acquisition will not affect the availability of Tango Gameworks’ existing game catalog.