Krafton Moves Forward with Hi-Fi Rush 2 Following Acquisition of Intellectual Property Rights from Microsoft
The excitement surrounding Hi-Fi Rush 2 is growing, especially in light of Krafton’s strategic move to acquire the intellectual property rights from Microsoft. This acquisition is set to pave the way for new developments, including potential additional content and a version tailored for the Nintendo Switch. Krafton appears committed to moving forward with Hi-Fi Rush 2, following its acquisition of the ZeniMax studio in August. There are indications that plans for DLC and a Nintendo Switch edition may be in the pipeline, contingent on resolving the IP ownership.
Maria Park, who oversees corporate development at Krafton, mentioned that there was a development build available from six months prior during their integration discussions. The initial progress on Hi-Fi Rush 2 was put on pause as the necessary assets and tools transitioned from Microsoft to Krafton amidst the ongoing IP acquisition. Park expressed optimism, affirming their intention to proceed with the project once the acquisition process wraps up. While statements suggest that Krafton took over Tango Studios, the situation was slightly different.
Tango was closed, but Krafton employed a significant number of former team members, likening it to a migration from ZeniMax to their organization. This meant that there was no substantial acquisition cost associated with retaining the talent necessary for future projects. Initially, there were around 90 employees at Tango when the shutdown happened, but about 70 to 80 were brought on board by Krafton as some had already secured alternative positions.
Krafton quickly filled key roles left vacant, ensuring that the team remains at a strength of approximately 90 to 100 individuals. At present, while the acquisition of the Hi-Fi Rush IP from Microsoft is still in progress, it has caused a temporary halt to the development of Hi-Fi Rush 2, any planned DLC, and the Switch adaptation. However, Krafton's determination to advance the franchise is evident.
