Microsoft seriously considered acquiring Sega and Bungie to

Other studios, including IO Interactive and Zynga, were also on Xbox's watchlist.

Microsoft Explored Acquiring Bungie and Sega to Bolster Xbox Game Pass, Internal Emails Reveal - TechBiz

Xbox Wanted to Acquire Sega (and Bungie)

Microsoft exec was ready to 'go spend Sony out of business' to strengthen Xbox - The Verge

IGN on X: Documents from Microsoft's FTC trial over acquiring Activision Blizzard reveal that Xbox was close to acquiring Sega, and also considered buying Bungie, IO, and others. / X

Xbox Seriously Considered Acquiring Sega, Bungie, IO, and Others to Fill Content Gaps - IGN

Microsoft considered acquiring Sega and Bungie to boost Xbox content

Bungie Is Planning A New Franchise Besides Destiny - GAMINGbible

Sega, Microsoft explore cloud gaming alliance

Sony More Likely Than Microsoft to Acquire a Japanese Game Company, Analyst Explains

Sega not open to acquisitions from Microsoft, or elsewhere

I keep it 99, because I be lying sometimes : r/TwoBestFriendsPlay

Microsoft Considered Acquiring Sega, Bungie, IO Interactive, and More

Microsoft's Strategic Vision for Xbox Game Pass Revealed

Microsoft Looked At Acquiring 250 + Game Companies, Including Sega, Bungie, CDPR, And More - Gameranx