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Palo Alto Networks paid $500 million in cash and stock to acquire Console, a two-year-old startup that uses AI agents to automate routine IT help desk tasks, according to two people with knowledge of the deal. The companies officially announced the acquisition on Tuesday but didn’t reveal terms of the deal. Since its founding in…
Security researchers have discovered an Android spyware that targeted Samsung Galaxy phones during a nearly year-long hacking campaign. Researchers at Palo Alto Networks’ Unit 42 said the spyware, which they call “Landfall,” was first detected in July 2024 and relied on exploiting a security flaw in the Galaxy phone software that was unknown to Samsung…
Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora…