Palo Alto Networks Acquires AI Agent Startup Console for $500 Million

Cybersecurity giant Palo Alto Networks announced the acquisition of AI agent startup Console for $500 million in cash and stock. Founded in 2024, Console specializes in automating IT tasks such as password resets and permission provisioning. Palo Alto Networks plans to integrate Console into its AI-driven security platform, Cortex, to enable natural language processing for security alerts. This marks the company's seventh acquisition this year, following previous deals for Chronosphere and Koi.