The Vita had a long shelf life, but not a happy one. It launched in Japan in December 2011, right when phone and tablet gaming were taking off — Sony was trying to sell people on a dedicated handheld at a time when many could play “good enough” mobile games on devices they already owned. And while there were high-quality titles like Severed, tepid sales led developers to shy away. Things only got worse when you included design complaints (such as a reliance on expensive, proprietary memory cards) and fierce competition from Nintendo… More here.
I must admit that I thought it had already been discontinued. I do, however, remember playing Burnout Legends on the PSP for many an hour and to this day have never found a game that offers the same feeling, If you know of one, feel free to add a comment. Thanks