Microsoft has finally announced that its next generation Xbox gaming console codenamed Durango will be unveiled on May 21st at company headquarters.

After months of rumors, Microsoft has finally announced that its next generation gaming console Xbox 720 (Name not confirmed) will be unveiled on May 21st. The Redmond company has already sent out invitations to the press. Here is the official announcement of Larry Herb (aka Major Nelson)

On Tuesday May 21st, we’ll mark the beginning of a new generation of games, TV and entertainment. On that day, we’ll be holding a special press event on the Xbox campus and we invite you to join us via the live global stream that will be available on Xbox LIVE and Xbox.com. If you are in the US or Canada, you can also watch the broadcast on Spike TV.

On that day, we’ll share our vision for Xbox, and give you a real taste of the future. Then, 19-days later at the Electronic Entertainment Expo (E3) in Los Angeles, we’ll continue the conversation and showcase our full lineup of blockbuster games.

We are thrilled to pull back the curtain and reveal what we’ve been working on.

A New Generation Revealed

Xbox Campus, Redmond WA

Tuesday, May 21st @ 1p ET/10a PT/17:00 GMT

Invite-Xbox-720

The new console codenamed Durango is not only a gaming device but also a real set-top box which can be used in the living room to play a wide verity of the multimedia content. You can also check out the rumors circulation about the possible hardware specifications and integrated capabilities.

If the transpired details will prove to be accurate, the Xbox 720 will not allow the playing of the current games on optical discs but only in streaming. In addition, an internet connection would be obligatory to verify the authenticity of the games. Some experts also predict that the same system will be used to prevent the execution of used games. The “always online” mode will serve to send the up to date content to the user avoiding software updates and reboots to the console. Probably, the Xbox 720 will also feature Kinect 2.0.

In the announcement, Microsoft speaks of “taste”, indicating the event would not reveal everything about the Xbox 720. To know every detail about the next-generation consoles will have to wait until E3 in Los Angeles.

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