No it doesn’t. It’s more likely to do with a lot of larger companies getting rid of their smaller internal development teams. That’s why MS have been letting teams go left, right and centre.

The acquisitions of such companies stifles them and cost wise they are better off going to independents per project.

http://www.gamesindustry.biz/articles/age-of-empires-to-survive-ensemble-closure

http://www.developmag.com/interviews/262/To-the-victor-the-spoiling