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Krafton Inc. acquires Tango Gameworks to enter Japanese market and gain rights to Hi-Fi Rush IP

Aug 12, 2024•12 months ago

Acquiring Company

Krafton

Acquired Company

Tango Gameworks

GangnamTokyoGamingGaming

Description

Krafton Inc., the publisher of PlayerUnknown’s Battlegrounds, has successfully acquired Tango Gameworks and the IP to the quirky rhythm game Hi-Fi Rush. This acquisition marks Krafton's strategic move into the Japanese video game market, enhancing its global expansion and investment in innovative game development.

Company Information

Company

Krafton

Location

Gangnam, Seoul, South Korea

About

Krafton Inc. is a South Korea-based video game publisher known for its original battle royale game PlayerUnknown’s Battlegrounds. The company has recently celebrated its first foray into the Japanese market with the acquisition of Tango Gameworks and the IP to Tango’s quirky rhythm game Hi-Fi Rush.

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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