Palo Alto Networks Acquires Console for $500M to Enhance AI-Driven Security Platform
Palo Alto Networks has acquired Console, a two-year-old startup specializing in AI agents that automate IT help desk tasks. The deal is valued at $500 million and includes both cash and stock. Founded in 2024, Console had raised $29 million across seed and Series A rounds led by Thrive Capital and DST Global. Palo Alto plans to integrate Console into its Cortex platform, enhancing it with natural language capabilities for security teams to resolve alerts autonomously. The acquisition marks the company’s seventh in 2026 and follows a series of strategic moves aimed at strengthening AI-driven cybersecurity solutions.
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Topics: AI Cybersecurity IT Automation