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News
???Almost sentenced to death???: Palo Alto CEO says AI fears were overblown
1+ week, 5+ day ago (422+ words) Nikesh Arora said investors had expected AI companies to eat the software industry's “breakfast, lunch and dinner,” but that view has begun to change. Palo Alto reported strong results and expects revenue of about $14 billion in the coming year, even…...
Palo Alto Networks Acquires AI Agent Platform Console
1+ week, 5+ day ago (433+ words) The cybersecurity giant announced the acquisition alongside quarterly results showing a 34% increase in revenue and strong growth in next-generation security ARR. Palo Alto Networks (NASDAQ: PANW) on Tuesday announced that it has acquired Console, an AI-native platform designed to help…...
Palo Alto???s M&A strategy is moving deeper into AI
2+ week, 3+ day ago (242+ words) The company’s reported interest in AI-security acquisitions follows major bets on CyberArk, Chronosphere and Israeli startup Koi. Palo Alto Networks is considering further acquisitions as it expands beyond its traditional cybersecurity businesses, according to a report by The Information, with…...