Palo Alto Networks has acquired AI-powered IT service automation company Console for $500 million, according to sources. The deal positions Serval, backed by Sequoia, as the leading startup in the AI IT service automation space.
Background
Palo Alto Networks continues expanding its security and automation portfolio through strategic acquisitions. The AI IT service automation sector has seen significant growth as enterprises seek to streamline operations.
- Source
- TechCrunch
- Published
- Sep 3, 2026 at 06:44 AM
- Score
- 6.0 / 10