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importantSYS.SOURCE: TechCrunch2026-09-02T22:44:56Z

Palo Alto Networks Acquires AI-Driven IT Automation Startup Console for $500M

Palo Alto Networks acquired AI-driven IT automation startup Console for $500M, integrating its agentic AI capabilities into Cortex to enhance autonomous security operations. The deal marks Palo Alto's seventh 2026 acquisition and highlights growing interest in AI-powered IT service management solutions.

The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.

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