Palo Alto Networks agreed to acquire Console, a startup using AI agents to automate parts of IT help desk workflows. The deal reportedly cost $500 million in cash and stock. Console will be integrated into Palo Alto Networks’ Cortex platform to let security teams investigate and resolve alerts using natural language.
Stripe acquired Privy, Bridge, Ourum, Metronome, and OpenRouter after making an aborted attempt to buy PayPal. The OpenRouter deal closed this month for around $7.5 billion. As a result, Stripe is expanding into stablecoins, account verification/bank transfers, usage-based billing, and AI distribution while the PayPal acquisition falls through after Stripe’s offer was judged too low as PayPal shares rose.
Adobe acquired India-based marketing intelligence startup Rilo via a deal that included licensing and a team acquisition, which the company confirmed to TechCrunch. The startup was founded in 2025 and previously raised $1 million at a $10 million valuation. Rilo will shut down, and Adobe plans to integrate some of its IP and a six-member team to automate marketing workflows.
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