Morrison Foerster advised Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, on its acquisition of Console, an AI-native platform that enables agentic capabilities, for $500 million in cash, subject to adjustments. The transaction closed on September 1, 2026.
Console is designed to help organizations apply AI-driven analysis and action across enterprise operations, giving organizations the force multiplier they need to resolve alerts, issues, and requests at machine speed. Console deepens Palo Alto Networks’ agentic capabilities in Cortex®, supporting teams as they investigate signals, prioritize work, and take action across their environment.
The global MoFo team advising Palo Alto Networks was led by M&A partners Lauren Bellerjeau, Chere See and Scott Behar. The team also included corporate associates Jacob Robart, Andrew Monioudis, Griffin Baumberger and Ryan Gopar Ramirez; technology transactions partner Tessa Schwartz and associates Sophie Zander, Michael Coiro, Kevin Kallet and Eric Ahern; executive compensation + benefits partners Joshua Lerner and Yuan Xia; employment + labor partner Michael Schulman and associates Danielle Rich and Niki Hendi; tax partner Dave Sturgeon and associate Seth Stowe; data, cyber + privacy partner Julie O’Neill and associate Joshua Fattal; antitrust partners Kerry Jones and Marie-Claire Strawbridge and associate Maria Requejo; national security and export control partner Felix Helmstaedter and associates Alexander Eisenfeld, Mason Gauch and Bjoern Rieder; government contracts partner Locke Bell and associate Liam Bowers; and anti-corruption partner Ruti Smithline and associate Eduardo Schneider.
More information can be found at Palo Alto Networks’ press release.
