SWSoft acquires Parallels (a year ago??)

In a memo to their employees, the CEOs of two leading virtualization companies recently revealed that their companies have merged. Specifically, Serguei Beloussov, of SWsoft Inc. and Nick Dobrovolskiy of Parallels Inc. acknowledged that SWsoft now owns Parallels.

According to a source close to the companies, SWsoft bought Parallels "about a year ago -- but kept them very separate and very quiet." Moving forward, the CEOs said that "Parallels and SWsoft have continued to grow and succeed independently in the marketplaces in which they participate."

Really! And why keep a secret for that long! We were so anxious to know--NOT!
Anyways we'll try to analyze in the coming days what this means for the virtualization arena. None to the server market (for now, till Parallels does something with its server edition), some to the desktop market (which VMware will soon gobble up).

More later, read this for now...

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Press Release

DeepLearningTrucker Part 1

In a memo to their employees, the CEOs of two leading virtualization companies recently revealed that their companies have merged. Specifically, Serguei Beloussov, of SWsoft Inc. and Nick Dobrovolskiy of Parallels Inc. acknowledged that SWsoft now owns Parallels.

According to a source close to the companies, SWsoft bought Parallels "about a year ago -- but kept them very separate and very quiet." Moving forward, the CEOs said that "Parallels and SWsoft have continued to grow and succeed independently in the marketplaces in which they participate."

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