Microsoft considered buying Bungie and Sega to accelerate Game Pass

Microsoft considered making an acquisition bid for Sega, while a "watchlist" also eyed the likes of Bungie, IO Interactive, and Niantic.

Microsoft considered acquiring Bungie and Sega, internal emails

Microsoft considered buying Sega, Bungie and IO Interactive – WGB

Microsoft Considered Acquiring Square Enix

Microsoft told employees it plans to release a browser-based app

Microsoft was interested in acquiring Bungie and Sega for Xbox

Microsoft wanted to buy Sega in 2020

Microsoft planned to buy Sega and Bungie to expand Xbox Game

Microsoft internal documents reportedly show it considered buying

The FTC Trial Unmasks Xbox's Ambitions

Did Microsoft try to buy Sega?

Games Won't Become Xbox Game Pass Exclusive, Phil Spencer says

Analyzing the strategy of Microsoft's acquisitions, Page 5

Microsoft Considered Buying Sega, Niantic, And Bungie To Bolster