Apparently, Microsoft has gone and snapped up three more studios to add to the 23 that already make up the Xbox Game Studios division, bringing the total to 26.
Avalanche Studios is owned by Nordisk Film at the moment, but it wouldn’t be difficult for Microsoft to lay an attractive enough offer on the table if it truly wanted to acquire the company that came up with the Just Cause series from its current parent company.
All three studios would fit in well with the Xbox Game Studio lineup.