Microsoft has confirmed that it will be holding an event on Tuesday, May 21st at 10am PST to unveil its next-generation Xbox, commonly referred to as Durango or Xbox 720. The event will take place at the company’s Redmond, Washington campus.

After weeks of rumors and speculation, Microsoft has confirmed that an event will take place on Tuesday, May 21 at 10 am PST to unveil its next-generation Xbox, commonly known as Durango or Xbox 720. The event will take place at the company’s Redmond, Wash., campus.

In an official blog post, Microsoft says that the event will “usher in a new generation of games, television and entertainment,” and will be accompanied by a live on Xbox.com, Xbox Live, and Spike TV. Interestingly, the message goes on to say that the event will serve as initial only “taste”, but who is going to save his largest catalog of games for E3.

“On that day, we will share our vision for Xbox, and we give a real taste of the future. Then 19 days later at the Electronic Entertainment Expo (E3) in Los Angeles, we will continue the conversation and show our full line of games of great success. ”
Additional Details remain scarce, but you can be sure that IGN will be on the ground and provide live broadcasting and in-depth analysis and features.

For those who have not been following the avalanche of rumors before the event, it is expected that the next generation Xbox to announce the arrival of the strategy for complete home entertainment from Microsoft, providing significant leaps in graphics processing power, transmission of interactive media, and a new, more powerful Kinect.

The event comes just a few months after Sony released the PlayStation 4 at a special event in New York City.