Palo Alto Networks paid $500M for Thrive-backed Console, sources say
Reported by TechCrunch · techcrunch.com · September 2, 2026
The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.
What the tape says
What to watch: Palo Alto Networks Inc. (PANW) is involved in M&A activity — deal terms and financing structure matter more than the headline here.
Market reaction today: $PANW +0.40%
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