Remember the Playstation Vita TV, the Sony Japan-only micro console? Only scratch that last bit-- at E3 2014 the company announces the devices is making to European markets as the Playstation TV.
In way of refresher, the Playstation TV is basically a PS Vita handheld console reworked into a small (6.4 x 10.5cm) STB. It connects to TVs via HDMI and plays select downloadable PS Vita, PSP and PS One games using up to two Dualshock wireless controllers.
In addition it also supports PS4 Remote play (ie game streaming from PS4 consoles) and PS3 games through the forthcoming Playstation Now service.