Palo Alto Networks Acquires AI Agent Platform Console

PALO Alto Networks has acquired Console, an AI-native platform that automates operational tasks using natural language, enhancing its Cortex platform's capabilities. This acquisition aims to allow security teams to interact with data more effectively and automate issue resolution. Financial details of the acquisition were not disclosed, but Palo Alto reported a 34% year-over-year revenue increase to $3.41 billion in Q4 of fiscal 2026, despite a net loss. The company anticipates a revenue growth of 23-24% for fiscal 2027.