Even though it's expected that MS would have looked at nearly every notable developer and publisher at some point, greedy tech titan CEO's chummily talking about how much of the industry they should absorb is pretty nauseating. It's exceedingly fortunate that none of that has happened and I'm hopeful that the majority of it won't anytime soon since all of this was pre-Activision. Also, Spencer and Nadella espousing interest doesn't mean that any of these studios and publishers (especially Sega) would have actually accepted their overtures. Sega, in particular, should never happen and would be disastrous for all involved.