Overview
- Palo Alto announced Tuesday that it has acquired Console and will fold the startup’s agentic, natural‑language platform into its Cortex security operations suite with undisclosed financial terms.
- Console’s software lets users state operational goals in plain English and dispatches intelligent agents to investigate alerts, prioritize work, and execute automated remediation across cloud and on‑prem infrastructure.
- The acquisition was announced alongside Palo Alto’s fiscal fourth‑quarter results, in which the company beat estimates with $3.41 billion in revenue and $1.02 adjusted earnings per share.
- CEO Nikesh Arora told reporters the rise of agentic AI attacks has driven demand and prompted more than 2,000 customer briefings, a sign management says is accelerating purchases of autonomous security tools.
- The Console purchase is the latest move in Palo Alto’s 2026 buying spree to build AI security capabilities and advance its plan to reach $20 billion in Next‑Generation Security ARR by 2030 while the company warned integration and execution risks remain.