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PUBG: Battlegrounds publisher acquires Hi-Fi Rush studio after Microsoft shut it down

Under a cloud of studio closures and layoffs, there's a sliver of sunshine in the gaming business.

After being closed by Microsoft in May, Hi-Fi Rush studio Tango Gameworks has been acquired by PUBG: Battlegrounds developer Krafton. "Krafton intends to collaborate with Xbox and ZeniMax to ensure a smooth transition and maintain continuity at Tango Gameworks, allowing the talented team to continue developing the Hi-Fi Rush IP and explore future projects," Krafton wrote in a press release spotted by Polygon. Hi-Fi Rush was a significant departure and became a critical hit with a 10 out of 10 Steam score thanks to the fluid, engaging gameplay and unique graphical style.

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