Microsoft has suggested that a Rare property deemed as "historic" may make an appearance at this year's E3.
In a conversation with Polygon, Phil Spencer of Microsoft Studios stated that “fans of Rare and Rare IP I think will be pleased with what we're going to show at E3. We had a limited amount of time today and a lot of story to tell. But Rare remains an incredibly important part of our development capability. That historic IP that they've built I think can play a real important role on Xbox One."
Rare, once a lead developer for Nintendo consoles, was purchased by Microsoft in 2002. Since then several classic Rare franchises such as Perfect Dark and Banjo-Kazooie has appeared on the Xbox 360. Perhaps a new entry to one of those series is on the way.
Microsoft will hold their E3 press conference on Monday, June 10, at 9:30 AM PST.