PANW · News · 20260902N
Acquisition / Partnership / Divestiture
Palo Alto Networks Inc · 2026-09-02 · Importance 71 · Surprise 60 · In source text
Palo Alto Networks acquired Console, an AI-powered IT help-desk automation startup, for a reported $500 million in cash and stock. Console had raised $29 million and was valued at $157 million before the transaction. Palo Alto plans to integrate Console’s agent functionality into its Cortex security-operations platform. The deal was reported as the company’s seventh acquisition in 2026 and follows purchases including Chronosphere, CyberArk, Koi, and Portkey.
Key facts
- Palo Alto Networks acquired Console for $500 million in cash and stock. source
- Console acquisition is Palo Alto Networks' seventh acquisition in 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | +0.9% | Palo Alto Networks acquired Console for $500 million in cash and stock. |