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I don't think a studio deserves to be on that list, when they only made one outstanding game.

Ubisoft Montreal (Assassin's Creed, Assassin's Creed 2, R6 Vegas, R6 Vegas 2, Splinter Cell Conviction)
Bethesda (Oblivion, Fallout 3)
Infinity Ward (COD2, CoD4MW, CoDMW2)
Bioware (Mass Effect, Mass Effect 2, Dragon Age)
Bungie (Halo 3, Halo 3 ODST, Halo Reach)
Epic Games (Gears of War, Gears of War 2, Unreal Tournament 3)
Capcom (Resident Evil 5, Street Fighter 4, Dead Rising, Tatsunoko vs. Capcom, Monster Hunter Tri)
Valve (HL2 EP1/EP2, Portal, Team Fortress 2, Left 4 Dead, Left 4 Dead 2)
Nintendo EAD Tokyo (SMG, SMG2)
Insomniac (Resistance, Resistance 2, Ratchet & Clank Tools of Destruction, Ratchet & Clank A Crack in Time)

No real order here. They are pretty much equally great.