Sony's Jim Ryan has announced at their Gamescom press conference that the PlayStation Vita will be receiving a price cut in the US and Europe. The PlayStation Vita will now cost $199 in the US and €199 in Europe.
Sony also announced they will be cutting the price of the memory cards, however they did not say by how much.
Ryan also announced that Borderlands 2 will be coming out for the PlayStation Vita. Other games announced include Football Manager 2014, Batman: Arkham Origins Blackgate, and Lego Marvel Heroes.