Palo Alto Networks paid $500M for Thrive-backed Console, sources say

SummaryAI generated

Palo Alto Networks announced its acquisition of Console, a company previously supported by Thrive Investments, for $500 million. Details of the transaction were disclosed by the source, but specific terms and timing of the acquisition were not specified.

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Palo Alto NetworksServal

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T TechCrunch AI en 2026-09-03 06:44

Palo Alto Networks acquired Thrive-backed Console for $500 million. Industry observers believe that this move has made Sequoia-backed Serval a real leader in the field of artificial intelligence IT service automation.