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I agree with the previous statement that Microsoft most likely is not in the business to buy these days. I mean, they sold Bizarre Creations not too long ago...So what happens to Project Gotham, I wonder....?
However, if they were to buy a studio it would probably be a more low key one, like Silicon Knights. I personally think it would be great if they picked up Tri-Crescendo, shoot even Monolith-Soft (since barely any of their games make it out to the states).
That being said, what kind of studios do you think MS would be looking for?

Also I'm not sure why Infinity Ward is listed. The employees who left to join EA have formed Respawn Studios, and the one who've stayed are still acknowledged as Infinity Ward and are teaming up with Sledgehammer to make the new MW3. In other words: They ain't goin' nowhere.