Krafton trying to purchase extra studios after Tango acquisition

The CEO of Korean agency Tango Gameworks, Changhan Kim, has mentioned that its buy of Tango Gameworks could be its the primary in a line of studio acquisitions. 

Chatting with Recreation Developer, the exec mentioned that it was trying to enhance its “portfolio line-up”. Kim does say that a lot of Tango’s earlier titles may not even have damaged even. 

“We will not purchase Tango Gameworks primarily based on their financials or their numbers, proper? We do not suppose Hello-Fi Rush 2 goes to make us cash, to be frank,” he mentioned. 

“Nevertheless it’s a part of our try. We now have to maintain making an attempt [to develop games] within the spirit of challenge-taking.

“Tango Gameworks are inventive. They wish to strive one thing new, and we wish to do extra of that. [Making] video video games is mostly a hit and miss business, and that’s threat taking. However having extra venture lineups is definitely a strategy to mitigate threat, as a result of one among them would possibly work out.”

“They must work on new initiatives as properly, so there’s a nice chance the group will scale up even additional.”

Krafton acquired Tango Gameworks and the Hello-Fi Rush IP earlier this 12 months after Microsoft opted to shut the studio.