Palo Alto Networks (NASDAQ: PANW) announced Tuesday that it has acquired Console, a native AI platform designed to help companies build agent workflows and automate operational tasks using natural language.
the cybersecurity giant said console will deepen the agent capabilities of its Cortex platform, enabling security teams to examine signals, prioritize work and automatically take action across enterprise environments.
Console’s technology allows users to describe an operational goal in natural language, with AI agents then performing the analysis and actions necessary to achieve that goal. According to Palo Alto Networks, this could help companies resolve alerts, issues and queries at machine speed.
“By integrating Console with Palo Alto Networks, our customers can communicate directly with data and create natural language agent workflows that help automatically report and resolve issues,” said CEO Nikesh Arora.
The financial details of the transaction were not disclosed.
The Acquisition announcement came parallel to Palo Alto Networks’ financial results for the fourth quarter of fiscal year 2026.
Revenue for the quarter ended July 31 increased 34% year-over-year to $3.41 billion, while remaining performance obligations increased 34% to $21.2 billion.
The company reported a GAAP net loss of $282 million, or 35 cents per diluted share, compared with net income of $254 million in the year-ago quarter.
Palo Alto Networks said it added nearly $1 billion in net ARR for new next-generation security solutions during the quarter. The company expects fiscal 2027 revenue to be between $14.1 billion and $14.2 billion, representing growth of 23% to 24%.
