I agree with OP and stickball assessment that is what MS is doing. Instead of having several 1st party studio , they are going Nintendo route and consolidate all development under one roof. This make for lower overhead cost , streamline development tools and consolidate any redundancy.
They probably learn their lesson from having Bungie want to be on their own etc and figure why not just hire talent instead of buy company where people (talents behind such company) usually leave anyway.








