Here's what we know about BioShock Vita: Ken Levine announced it was a thing during last year's E3, and planned as an entirely new universe. Not a port, but they might need outside developer support on it.
What we don't know if it's actually going to be made. In the video above, you'll see Irrational Games' creative director speaking with Machinima about the potential Vita title. He explains that the fate of the Vita title is now outside of his hands, and up to the business minds at Sony and Take-Two.
Levine told Eurogamer something similar, adding that he's still interested in making it happen so long as the two companies can iron out the details.