Microsoft suggests that a “historic” Rare property may be shown off at E3.

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Speaking to Polygon , Microsoft Studios corporate vice president Phil Spencer said “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."Microsoft acquired Rare in 2002 . Late last year, Microsoft renewed its trademark for Killer Instinct. Classic Rare properties that have appeared on Xbox 360 include Perfect Dark and Banjo-Kazooie Microsoft’s E3 press conference will take place on Monday, June 10 at 9:30 a.m. Pacific.

Andrew Goldfarb is IGN’s news editor. Keep up with pictures of the latest food he’s been eating by following @garfep on Twitter or garfep on IGN.