Palo Alto Networks announced its acquisition of Console, an AI-native platform. Console specializes in helping organizations create agentic workflows and automate operational tasks through natural language commands. The financial terms of the acquisition were not disclosed.
The cybersecurity company stated that Console's technology will deepen the agentic capabilities of its Cortex platform. This integration is intended to enable security teams to investigate signals, prioritize work, and automatically take action across enterprise environments. Console's system allows users to describe an operational objective in natural language, with AI agents then performing the necessary analysis and actions.
Palo Alto Networks expects this acquisition to help organizations resolve security alerts, issues, and requests at machine speed. CEO Nikesh Arora noted that customers will be able to interact directly with data and build agentic workflows in natural language to automatically alert and remediate issues.
The acquisition announcement coincided with Palo Alto Networks' financial results for the fourth quarter of fiscal 2026. The company reported a 34% year-over-year revenue increase to $3.41 billion for the quarter ending July 31. Remaining performance obligations also rose by 34% to $21.2 billion. Despite a GAAP net loss of $282 million for the quarter, the company added nearly $1 billion in net new next-generation security ARR and projects fiscal 2027 revenue between $14.1 billion and $14.2 billion.
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Palo Alto Networks has acquired Console, an AI-native platform that enables organizations to build agentic workflows and automate operational tasks using natural language. This acquisition will integrate Console's technology into Palo Alto's Cortex platform, allowing security teams to automate investigation, prioritization, and action across enterprise environments.