Microsoft has revealed that it plans to expand its gaming content collection and other related services. It has also confirmed that it will be showcasing new hardware at the upcoming Gamescom event next month.

During Microsoft’s quarterly financial conference, chief operating officer Satya Nadella disclosed the company’s plans for its gaming business, given that it passed ten billion dollars in revenue for the first time this fiscal year. In his statement to investors and analysts, Nadella said that Microsoft will work to bring more games and related services to its Xbox platform.

“In gaming, we’re pursuing our expansive opportunity from the way games are created and distributed, to how they’re played and viewed, surpassing ten billion revenue this year for the first time,” Nadella was quoted as saying by DualShockers. “We’re investing aggressively in content, community and cloud services across every end-point to expand usage and deepen engagement with gamers.”

Nadella also commented on the positive changes that are taking place in Microsoft’s gaming business as of late. “The combination of Xbox Live Game Pass subscription and Mixer are driving record levels of growth and engagement,” he pointed out. “PlayFab accelerates our vision to build a world-class cloud platform for the gaming industry across mobile, PC, and console. The addition of five new gaming studios bolsters our first-party content development to support our fast-growing gaming services.”

Meanwhile, Microsoft is expected to take part in the upcoming Gamescom event, which is set to happen from Aug. 21–25. The company has confirmed to Eurogamer that for this year, it will be announcing and showcasing new Xbox bundles and accessories at the Gamescom showfloor.

One of the accessories that will likely debut at the event is the heavily rumored Xbox Elite 2 controller, which is said to feature USB-C charging and Bluetooth functionality. Moreover, Microsoft is expected to give updates on in-development games, such as the delayed “Crackdown 3,” “Ori and the Will of the Wasps” and “Gears 5,” among others.