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Home/Market & Regulation
Market & Regulation

Palo Alto Networks Acquires Console for $500M

TechCrunch AI·September 2, 2026·high confidence

Why it matters

  • →The acquisition enhances Palo Alto's AI capabilities in cybersecurity.
  • →Console's technology will automate routine IT tasks, improving efficiency.
  • →This move positions Palo Alto to offer more comprehensive security solutions.
Palo Alto Networks Acquires Console for $500M
©TechCrunch AI

Palo Alto Networks has acquired Console, a startup that uses AI to automate IT help desk tasks, for $500 million in cash and stock. Console, founded in 2024, had raised $29 million and was valued at $157 million before the acquisition. The deal will see Console's technology integrated into Palo Alto's Cortex platform, enhancing its ability to deliver autonomous security outcomes. This acquisition is part of Palo Alto's broader strategy to expand its AI capabilities in cybersecurity.

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