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AI IntelligenceSep 3, 2026M&A
Article

Palo Alto Networks -> Console

Cybersecurity giant Palo Alto Networks has acquired AI-powered IT service automation startup Console for $500 million. The deal positions Palo Alto Networks to strengthen its enterprise security offerings while leaving Sequoia-backed Serval as the leading independent player in the AI IT service automation space.

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AI-generatedSource: techcrunch.com
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Source Brief

Cybersecurity giant Palo Alto Networks has acquired AI-powered IT service automation startup Console for $500 million. The deal positions Palo Alto Networks to strengthen its enterprise security offerings while leaving Sequoia-backed Serval as the leading independent player in the AI IT service automation space.