Sony announced during their press conference that they will finally be releasing the long awaited PS Vita TV to the west. There will be a standalone copy for $99 and a bundle which includes a PS3 controller, 8 GB memory card, HDMI cable, and the Lego Movie Videogame for $139.99.

The PS Vita TV allows you to play PS Vita, PSone classics, PSP games (via PSN) on the TV, in addition, you can play your PS4 games remotely as well as stream games from Playstation Now.

Source Article:
Sony Announces PS Vita TV As PlayStation TV In The West - Siliconera