Somebody that they would actually (and probably will) buy:
Media Molecule
Maybe secure Sucker Punch by buying them. Insomniac will never let themselves be bought, however
As for companies I'd like them to buy...
It'd be interesting if they bought Level 5 and forced them to hire some decent script writers, but Level 5 is moving into publishing of its own, so that's unlikely to happen.
It'd also be interesting if they bought From Software. Demon's Souls shows the fruits of their current relationship, and it'd be nice if Sony forced them (or rather just gave them the time and money) to polish their games a bit more, moving them up from "merely average" status to something more. From Software is also in the complete opposite position of Level 5. They never publish anything themselves, despite how large they are, and often actively pursue other publishers and relationships with bigger companies for their titles. Hell, they're releasing titles for both Microsoft and Sony in mere months of each other. I think its highly possible that somebody would be able to buy them if they had the money to.
But I don't think Sony would want to buy From Software.
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