TechCrunch AIArticle
Palo Alto Networks paid $500M for Thrive-backed Console, sources say
The enterprise AI infrastructure layer is consolidating through acquisitions. Palo Alto is betting hard on automation; Console's $500M price tag signals that IT ops automation is worth defending through acquisition instead of building. For builders in adjacent spaces: watch whether Serval raises to fight back or gets acquired too. For investors: this category has real enterprise traction.